Hi Guy's I know all of you remembered this one, well it broke out and is consolidating on the 240 . DON'T MISS IT! I explained this and EURNZD and NZDUSD in my last webinar on YouTube in case you missed it . If you don't want to miss info on my future webinars please like my FB page. I will always be on fb. facebook.com/ProwaveTrader/
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Kommentar
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60 min view
Kommentar
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as seen in the above update it made one more down leg so let's see if the C wave is completed.
Anil, looking for the breakout up. I have been in this since it hit a strong support zone at 1.03432 hoping to add more pips if goes as you suggest. Keep up the great charts.Thanks
nahidik
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Price has broken the wrong way and is hitting the last level of support (4 hr) which may turn it at around the .50 fib. If that level fails to hold I would suggest back to the TL or possibly a "Z" wave even lower.
mlbo
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so anil is seeing a potential 3 wave correction, right?
i see that we only know for more sure when it breaks but are there other "signs" that indicate in advance wheter its going to break up now or do a deeper 3rd wave (or even a 5 wave correction...) ?