One thing I love about the wave principle is its clarity in structure. Following a medium degree five wave impulse move ( black waves ) the market
gave a corrective ( ABC ) move. Wave C has just been completed and we're now looking for a follow up impulse. The main trade anticipated is the
long trade after wave 2 has been completed.
Hope you have a lovely and profitable trading week ahead
Targets:
- 1.20500
- 1.20300