The impulse wave seems to be completed, and a corrective wave going to take place. Even US explains low inflation and is expected to continue, FED insists on keeping interest rates and strong USD. Short trade with 4 RR looks fine enough to be traded.
Trade geschlossen: Ziel wurde erreicht:
Not in the purple area but C may be completed, also, it may take the form of a triangle
Kommentar:
Looks like a triangle and already made the bottom
Kommentar:
:))