sompa

sompa

price broke through the 61.8 fib mark and looking to make the day down to the 50% mark on the fib. also price from the highest monthly resistance was rejected and made it correction move after the first impulse move to finish the second 2 correction, then we can resume the 3rd impulse move.

sompa

this is all i see waited for the final touches on the fib 50% mark where it is a key support areaa

sompa

consider long positions above the level of 1.2503 with a target of 1.3300 – 1.3500 once a correction is formed on the last 3 impulse 3 wave , the 5th wave has just began

sompa Updated 

so the five-wave move has been completed and waiting for the ABC move to complete the critical support to begin the last 5 waves of the significant wave on the daily chart

sompa

so we looked and now we leaping ......there is always a rise after the fall

sompa

expecting to fall to 61.8% on the fib level. price has been trying to rise above the last high but seeing much rejection from the ceiling .

sompa

After the first correction at the beginning of the year price rejected the support @ 1.8403 and bounced off to begin the 2nd wave. after seeing few rejections from last week ceiling broke the 50% FIB retracement it got another rejection and now coming to start to form the beginning of the year low