We have been watching this pair for a while and it looks like the correction has finally finished.
There is divergence in the corrective structure and a strong impulsive wave from a key fib level indicating a finish of correction.
I will be looking to add a second position when it breaks above blue line. I will use my own entry strategy for confirmation as well as proper risk management and you should too.
I might enter aggressively, if I see it move like this.
There is divergence in the corrective structure and a strong impulsive wave from a key fib level indicating a finish of correction.
I will be looking to add a second position when it breaks above blue line. I will use my own entry strategy for confirmation as well as proper risk management and you should too.
I might enter aggressively, if I see it move like this.