Timeframe: (4H)
Long Target: 1.20034
Current Support: 1.17687
With confirmation that my previous weekly wave count being wrong, and a new low @1.6701, I will treat this possibly as a 5 count impulse wave with the start of wave 3. re-test just confirmed @1.7687. If my wave pattern is correct, wave 3 will continue to 1.20034 at 161.8%.
Expecting a huge Bullish run during the Sydney open and London trading Sunday and Monday however this week may be just a huge consolidation as shown on the weekly chart.
TP #1 @1.20034
TP #2 @1.22181
Long Target: 1.20034
Current Support: 1.17687
With confirmation that my previous weekly wave count being wrong, and a new low @1.6701, I will treat this possibly as a 5 count impulse wave with the start of wave 3. re-test just confirmed @1.7687. If my wave pattern is correct, wave 3 will continue to 1.20034 at 161.8%.
Expecting a huge Bullish run during the Sydney open and London trading Sunday and Monday however this week may be just a huge consolidation as shown on the weekly chart.
TP #1 @1.20034
TP #2 @1.22181