Price seems headed for an AB=CD completion down.
For this trade to be valid, price needs to stay this whole week under 1.41559.
Once that's done, we can expect it to travel as forecasted and reach either of the targets in the specified time.
If it doesn't then we might see a reversal, but for the time being I suggest short.
For this trade to be valid, price needs to stay this whole week under 1.41559.
Once that's done, we can expect it to travel as forecasted and reach either of the targets in the specified time.
If it doesn't then we might see a reversal, but for the time being I suggest short.
Trade closed: stop reached:
Profitable trade.
