all details in the chart, thx for reading. I am aiming to share my idea which shouldn't be taken as trading advice, please mind your own risk. trade with care guys, welcome for comments.
hi, guys. in my view, this pair will at least touch the descending channel.(personal idea, mind your risk plz)
here is two possibilities in my bias. trade with care.(personal idea)
hi guys, it's me again. yesterday, price was rejected by my Red Cross line. I treat that down wave as (a) wave of previous up impulse, and now (b) wave is under making which is expected to be 3 wave. I also used trend based time fib to predict the potential beginning time of (c) wave shown as brown vertical line. as I said, Red Cross line is my deadline of short...
It's just amazing! Mind the Red Cross, if broke above, then invalid.
As we can see marked on the chart, my bias is short to the 1.72 zone. However we need to wait, my strategy is to try short entry at both fib 0.5 and 0.618 level, and put the stop loss above fib 0.786 level which is the deadline of short trend. My short term target is 1.72 zone which is both daily support and daily uptrend line.(It is personal idea, shouldn't be...