Wait for the completion of 2nd wave for a posible long trade
Wouldnt mind a Short Trade.. Just wait for a larger retracement (completion of B wave)
Price Below MA 100, and possible 3rd wave= Sell.
Probable short ; price below MA 100; also rejecting trendline . Good to short if price closes below 106.00 and 100MA (H4)
Possible 3rd wave; a close below 0.7700 is needed to complete continuation of the wave structure-
Probable continuation of correction pattern, heading to trendline, wait for a close below last support (1.37595)
Completion of 3rd wave, price below MA 100
Short to mayor trendline , to end correction.
Possible 5th wave, price may push lower, to the 6k handle, 2k also a possibility, but the wave will probably get truncated at the 2018/02/06 low
Price below MA 100 , MA 25. Possible 3rd wave forming.