Might go very deep... or not...hehe..normal target zone is around 1,0845.. we will see.. Good trading! ps Timing!!! One more hour to wait or higher correction?
My broker has not toushed wave 1 as here.. so: whazup ? I think we already might be in pink 5th, what will be confirmed if 1,10532 will be broken with this move..once more above, LL could be in place.. Good trading!
developing impulse on M5 was demolished so we might get either Flat correction or ending diagonal as 5th.. Good trading!
the cards will be on the table.. Good trading! ps Someone should be punished for yesterday !
I thinl about retrace if not more... Good trading!
Price action is really naughty today.. I am more bearish now although break to the upside is possible too.. if 2nd of 3rd is not in place, we could creep higher before lower.. Good trading!
My call is Buy with immediate hedge if break to downside.. Good trading!
Nothing changed a lot, all my options are still in play...I expect decision or up or down in early NY session latest.. in this stage move up on very small TFs looks corrective so an impulse is more likely, but... Good trading!
ATM situation is not clear...the only wave I really like is aF!!! (I read it as flat) after that peak either comes bF and cF which also could be BF on bigger scale and we should be in motive wave as CF with target below 1,10844 , or we are in Flat correction or maybe complex correction aF!!! with possible target below 1,11202 .. IF second, which I prefer than we...
at 50% suggests more downside and BFlat (pink) could be in place..strong move down is either 1 or a, so we might get break into 3rd or just Wash & Rinse and c=1ED for CFlat..there are some traps for further upside such as just Wash and Rinse of Friday candle or even a bit deeper but at least 1,12288..just going into new high I find not probable.. Good trading!
I do not like this move as impulsive and maybe I am too early but expecting ED as cF for 4 does not hurt.. Good trading!
This candle is to me to play out the structure.. Good trading!
New high with this current candle would be dangerous for up, next one I find most important: too deep - no more up, close here somewhere - one more up is possible but NOT necessary.. Good trading!
As said I did not really believe in break although it is not impossible..zone 1,1455/66 is important, strong break would mean there could be 5 waves 3rd in progress.. if I am correct, and as seen, price must go below 1,13952, how deep can not say but there Buy Zone starts.. Temporary and shor term I am looking for Sell Opportunity..there is more than 60 pips down...
I do not really expect break of (3) but maybe Flat as 4th and not really low down.. Good trading!
My call is an Impulse, either of 1st of an Impulse or maybe A of an ED...can not say ATM but will be told soon.. Good trading!