FCPO: Hourly EW Count - Jul 2nd 2018
Primary count: FCPO is expected to move further downwards if it manages to break the (2300 - 2315) area and if it succeeds to maintain below 2300 level. The chance gets even better if price is able to cross the 2289 invalidation point.
Alternate count: Price may respond at the (2300 - 2315) area and moving higher to the next supply /gap zone at around (2378 - 2388). Crossing above invalidation level (2395) could possibly signify the exhaustion of downtrend.
Alternate count: Price may respond at the (2300 - 2315) area and moving higher to the next supply /gap zone at around (2378 - 2388). Crossing above invalidation level (2395) could possibly signify the exhaustion of downtrend.
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