It seems that wave 4 is ending. If it so, short positions are necessary. Wait for confirmations. If anyone agree, he can follow our trading idea. We will appreciate it.
It's likely that we are in wave 2. We expect an abc correction wave.
It's likely another top has completed and we will have the opportunity to make some interesting short setups. We hope to follow us.
There is an opportunity for long positions as we see the B wave has been formed (ABCDE pattern), with sl behind 141.262
It seems that it is worth for a short position in this partycular moment. Stop loss above HH and tp ab=cd.
wave (4) has been formed and wave (5) has allready began. Wave (4) has been formed and wave (5) has already begun. It's likely that we are in wave 1 of (5).
After consolidation, prepare for long positions, as wave {iv} seems to ending.
Two possible targets for this week with divergence in MACD and DPO, empower this bullish direction.
It seems that wave (5) of (B)is about to end soon.
It's likely wave {iv} has completed and wave {v} started.
When we have a flat correction, wave b could reach 1.272 level of wave a, sometimes even more. This level is 1263 area. So we suggest long positions above this level and with confirmation.
It's likely wave 4 ends and wave 5 begins. First target 1.24158
It's likely wave {iv} ends in 0.7900 area and this will be a nice area for long setup.