selling pressure seems higher than
buy in last 2 week and news
and events confirms it
as plan a
if i consider hole thing as a
huge correction then
i m going to expect a huge bounce
back to up from Euro this week at
1.16500 weekly support level
then it will hit 1.18300 again
and will return to 1.15800
as plane b
price will touch 1.16500 as a leading
diagonal wave then it will start retrace to
84% fib + monthly and powerful resistance
or
61% fib + 1.19100 h4 time frame level
and then we will see a huge rush down
buy in last 2 week and news
and events confirms it
as plan a
if i consider hole thing as a
huge correction then
i m going to expect a huge bounce
back to up from Euro this week at
1.16500 weekly support level
then it will hit 1.18300 again
and will return to 1.15800
as plane b
price will touch 1.16500 as a leading
diagonal wave then it will start retrace to
84% fib + monthly and powerful resistance
or
61% fib + 1.19100 h4 time frame level
and then we will see a huge rush down
Comment:
now we are in critic area if trend break this level down we will see another 2000 pip rush down . if not we should proper to buy . as dollar keep getting power we will see the first option with highest possibility
Comment:
pair still struggling to rush upper side but this place is so critic zone . if the latest daily high broke to up then the trend for may be a FEW MONTH WILL BE bullish with high amount of impulse energy . but if pair fail we are going to see rush down to latest 50% daily swing fib to complete C wave of the 4th wave .