I've been bullish on this since 1.429x, however it's possible that we need one more low to complete a triple-three WXY correction. Following that would be the C wave towards 1.50x-1.53x. Today's violent price action ended with a basing, near inverted hammer on the daily. Picture is mixed until a break either way.
Note
that should read as a WXYXZ triple threeDisclaimer
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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.