ROSE finished the black 5-wave cycle and we're now correcting the move up from the beginning of the year.
I'm considering we're still in black wave A, and expect choppiness in the short term until the correction is completed.
The 0.09 - 0.11 zone (yellow box) seems like a good target for the pullback, but let's see what price action tells us first.
I'm considering we're still in black wave A, and expect choppiness in the short term until the correction is completed.
The 0.09 - 0.11 zone (yellow box) seems like a good target for the pullback, but let's see what price action tells us first.
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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.