Hi Traders
As we see after 5 waves up there is a correction ABC as a flat one 3-3-5 waves
we see A wave as 3 waves
B wave as 3 waves & at 1.13 of wave A as a perfect level
then we will go short to wave C
there is also a strong Key zone at 0.90800 and there is a rejection from it at the end of wave B 3 times & forming a little Head & Shoulders
This Zone also is strong at Pivots
The trend line is a good one ( red ) & has been broken & now is being retested for the 2nd time
There is a divergence in 1H in MACD
i see this level is perfect for going short to 0.88600 level
Good luck
As we see after 5 waves up there is a correction ABC as a flat one 3-3-5 waves
we see A wave as 3 waves
B wave as 3 waves & at 1.13 of wave A as a perfect level
then we will go short to wave C
there is also a strong Key zone at 0.90800 and there is a rejection from it at the end of wave B 3 times & forming a little Head & Shoulders
This Zone also is strong at Pivots
The trend line is a good one ( red ) & has been broken & now is being retested for the 2nd time
There is a divergence in 1H in MACD
i see this level is perfect for going short to 0.88600 level
Good luck
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.