This pair seems to have completed wave 1 (contains 5 mini waves) so this coud be the start of a corrective wave 2 to the downside. We will get concrete confirmation from today's daily candle after the market closes for the day.
Trade closed: target reached:
First TP reached.
The market is bouncing on the trendline so we should keep an eye for a move to the upside.
Will update the chart analysis in the following post.
The market is bouncing on the trendline so we should keep an eye for a move to the upside.
Will update the chart analysis in the following post.
Trade closed manually:
Buy orders triggered.
