In previous ideas, I tried to capture next bear impulse but all failed.
Looking at the chart in details, I decided to close all position of this pair because I cannot identify where price will go.
Price may develop to next impulse wave because previous wave is an ABC.
Price may also drop down a 3 wave to form regular pattern such as a flat.
So, I will wait for confirmation in next some days and join the market again when price touch bull confirmation line or bear confirmation line.
Looking at the chart in details, I decided to close all position of this pair because I cannot identify where price will go.
Price may develop to next impulse wave because previous wave is an ABC.
Price may also drop down a 3 wave to form regular pattern such as a flat.
So, I will wait for confirmation in next some days and join the market again when price touch bull confirmation line or bear confirmation line.
Comment:
Waiting for a bull because I saw a pattern of regular flat correction with structure of 3-3-5.
