It looks like we are in the fifth way down to a price level below 100. I have calculated 2 confluence zones where the second one near 98.900 is my favorite.
Target 1: 99.200 Target 2: 98.900
Feel free to check my other ideas, too.
Trade active
We are riding wave iii and I probably will close my position at the end of it near 99.513, because the one higher degree in we are riding is wave 5 and the strong hands will get out of the pair. Therefore I won't trade wave iv - v.
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.