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EURUSD-Same inverted for DXY expecting bearish after correction.

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EURUSD-Same inverted for DXY expecting bearish after correction.

MARKET COMMENTARY:


1. Same like DXY this is in inverted pattern and remains same stop for the bearish  price action here as shown in the chart.


2. I am expecting wave 3) or C might be a diagonal because it seems like wave b) is a triangle formation and will follow by 5 waves for C.


3. Now it may bounce in 3 waves as shown for wave ii) and in FOMC it may fall or b4 that ?


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


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Is it possible to wait for the price to pull back to around 1.2150 and go short with the stop loss at 1.2193
nmkvijay
Author
i think you got the correction...and invalid for this pattern is 1.2220
nmkvijay
Author
if u place a stop @ 1.2193 if the wave "b" is not a triangle and it is just a running flat your stop may hit and then it will come to your TP...so my invalidation is 1.2220

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