1.34687 to 1.34295/1.34033 and completely retracement at 1.31839 referring to terminal Impulse effect
or around 38.2% to 50% of the former big cycle in 4h time frame chart.
1h time frame wave (a) assumes finished, wave (b) is unconfirmed but the price already touches the 50%
of wave (a). In case that wave (b) is finished, I predict the next move is going to be
wave x3. of wave (c) aim for 161.8% of wave 1. which is the same target at of the big cycle.
So how to trade?
Wait for confirmation break down at 1.34687 and pull back if the price doesn't come down it means to wave
2 is forming complex correction or wave (b) of B. is not yet finished I will switch to bid when the price is
breakthrough 1.35140 level and the target is 1.35465 cut loss at the support line.
++ Thank you for reading ++
++ Please share your opinion ++