USDSGD-Wave b) in progress may be simple or complex to 1.34 ?
#OPINIONLEADER# #ElliottWaves# #PriceAction# #forexmarket# #forextrading# #ForexForecast# #ForexTradingStrategies# #howtomasterforextrading#
MARKET COMMENTARY:
1. In previous trade plan i expected from 1.36 it may get rejected and we are in the wedge formation.
2. So i expected for b) wave to 1.34 but it shoot to 1.3690 and got rejected. So that wedge formation is for the wave iii and v of of v) of a) completed there.
3. Now we are in the short term pull back or a correction for the previous 5 waves for wave a) for wave b) that may be a simple or complex as i shown.
4. Once the wave b) completed i am expecting wave C) will shoot to 1.38 and then to 1.4 also in 5 waves or ending diagonal in C) wave.
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
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.