I predict +25 pips and more after retracement at 1.00 on the fib where A = C. Also an excellent place for those wanting to join the EU trend to the upside.
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Currently extending a wave e to make way for a violent up move. I left a red area to cover this possibility.
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The down move was a false break onto the 1.618 fib.
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน
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Stop reached until this pattern extended although we can recover losses on the rally up as EU is trending to the upside currently. I will update with more on some short term trades very soon.
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I was thrown of by the nature of the C wave to the upside which turned into a triangular formation with and e wave extension.