As we approach the top of the impulse wave we will have to wait for a significant breakout of the trend line. Upon breaking the trend line sellers can sell the break out. Expecting to dip into the 61.8 fib level. 300+ pips
Trade active
Comment:
This bad boy could be headed to re test the trend line or it could be retracing from the top. will keep an eye on it. still expecting a futher drop to 110.6
Trade active:
headed to the A leg.
