here the first impulse has been sighted ,
then the abc correction in the reverse direction.
the corrective channel has been broken on the upside . the channel breakout has been retested
now the setup is being prepared for the third wave target price beyond 1.09000 levels
Invalidation level is for stoploss ( although traders may hold the trade they will benefit as per my view )
happy trading
then the abc correction in the reverse direction.
the corrective channel has been broken on the upside . the channel breakout has been retested
now the setup is being prepared for the third wave target price beyond 1.09000 levels
Invalidation level is for stoploss ( although traders may hold the trade they will benefit as per my view )
happy trading
Trade closed manually:
you may close the trade and re -enter at lower levels
Trade closed: target reached:
book profits and u may re-enter again at around levels 1.08214
Trade closed: target reached