We'll just have to wait how good that "e" sustained & broke the lower blue diagonal line.
Note
Enjoy the sell off....... 1.10973 should be the first pit stop.
Note
2nd lap has begun....1.1108 will be key level of this correction
Note
Extreme has move higher to 1.1122 zone. A perfect match for an X. Eyeing for 1.1040-1.1020s for this 2nd Lap.
Note
Multiple wave counts in play. if 1.1066 breach directly, there wont be any rise in 5-c. Overall, price do play within this 'Flag' boundaries. Expecting triangle as an ending, or a-b-c flat.
Note
Alternate Wave scenario, ending in Triangle. If then, Short at 'c' or 'e' as the highest peak.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.