Hello traders,
Since my last forecast of the chief nothing has really changed. We got a rejection right above the trend line, and unless we have a long consolidation at this current level without dropping then we are going to dump.
It looks like we are either still completing a bigger correction or we are already in the expected C impulse down.
Either way, we are going to fall further to at least try and break the last low and probably even further down to 0.955 / 0.960 target range.
Check out some of my other ideas down below.
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Thank you,
Good luck