It seems the correction has ended and a big decline is starting now.
We have:
- bearish divergence on A0 shows wave 5 is complete
- 1.61 fib expansion
- diamond pattern (see my long term analysis)
Best regards.
*****************DISCLAMER********************************************************************
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Follow me on Twitter for updates: @fxtrader2000
We have:
- bearish divergence on A0 shows wave 5 is complete
- 1.61 fib expansion
- diamond pattern (see my long term analysis)
Best regards.
*****************DISCLAMER********************************************************************
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Follow me on Twitter for updates: @fxtrader2000
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Stop out. Will look for setups higher. No regrets!!!