this is what i think about this trade, may be it will still be bearish since dollar is falling, until it gets to the green point.
at the greet point( area of fibonacci clusters?, market is likely to reverse.
also this will be at the completion of the correction wave of elliot wave count which the market is likely to change trend.
watch the elliot wave count, however certainly this part of the trade was the correction wave of a b c. using the ABCD pattern to make sure it is really a b c completion.
however, entry must be ascertain and risk to reward ration well cordinated.
best of luck
at the greet point( area of fibonacci clusters?, market is likely to reverse.
also this will be at the completion of the correction wave of elliot wave count which the market is likely to change trend.
watch the elliot wave count, however certainly this part of the trade was the correction wave of a b c. using the ABCD pattern to make sure it is really a b c completion.
however, entry must be ascertain and risk to reward ration well cordinated.
best of luck
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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.