As we have predicted in our previous analysis of this pair, a five wave structure in the bearish direction has formed. Now it is finished, and we are expecting a corrective move in the bullish direction. At this moment we are unsure of the form that it will take, but our testing showed that there is mostly a zigzag pattern when a correction forms on this pair.
We wish you good luck with your trading!
We wish you good luck with your trading!
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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.