Hello Traders,
The previous small up move forecast was cut very short and the market burned back down very quickly. As per the original (bigger time frame) forecast, we will just continue downwards for a while (Refer to related ideas to see original forecast).
Look for a small correction completion at 0.8385 / 0.8433 range and then continuation downwards to break the 0.82 / 0.81 zone.
If you enjoyed, please thumbs up and follow for more.
Thank you
The previous small up move forecast was cut very short and the market burned back down very quickly. As per the original (bigger time frame) forecast, we will just continue downwards for a while (Refer to related ideas to see original forecast).
Look for a small correction completion at 0.8385 / 0.8433 range and then continuation downwards to break the 0.82 / 0.81 zone.
If you enjoyed, please thumbs up and follow for more.
Thank you
Note
Correction ended up being a contraction and now its enough for the continued down-move!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.