After reaching our bearish target very fast, the pair should develop an important technical rebound. From a technical point of view, wave (C) should be considered a BUY OPPORTUNITY. If our analysis is still correct, this bullish movement should form at least two bullish sub-waves and a bearish sub-wave (simple abc structure).
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Thank you for support and trade with care!
Note
Trade closed: target reached
TARGET (wave A)Note
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.