we have finished first wave (a) of abc of (C) of Y of 4 now we got correction which can take pair down to 1.1154/1.1200 it is good to buy on dips to those levels with distant target at 1.1850-1.1900 - channel upside it is better to place stop below 1.1085
Microscope view for exact entry (don't try to repeat it lol)
Looks like entry point is almost reached as 5 of 5 of C is in porgress
I would buy either break of 1.1241 or touch of 1.1214 what will happen earlier
aibek
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bought at 1.1216! 2 ticks ahead!
aibek
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closer look with calculated targets of correction on hourly chart
1.1185 is the best level to buy at as we have coincidence of both small and large wave C which both are equal to 1.618 of correspondent degree wave A
aibek
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risk is that we already reached 100% of wave A in both degrees and if price will start to elevate ahead of 1.1185 then it is good to buy on break of 1.1270
Looks like entry point is almost reached as 5 of 5 of C is in porgress
I would buy either break of 1.1241 or touch of 1.1214 what will happen earlier