- wave (2) can not go lower then begin of wave (1) which makes us this as a trade opportunity with a good risk reward ratio!
- wave (3) has to go above wave (1) and usually is 1.618% of its length
This trade will only work if there is a massive USD weakness ahead...
Next few hours will decide.
- wave (3) has to go above wave (1) and usually is 1.618% of its length
This trade will only work if there is a massive USD weakness ahead...
Next few hours will decide.