Price did not break the trendline as i suggested in the previous post but bounced higher forming another leg in a corrective pattern. I do keep the idea of a triangle around 1.23 but turned it into a bullish one. Also, the leg following the triangle is 200% of the wave before the triangle. It is possible that inside this wave Y another leg higher comes now, but 1.2640 should hold as resistance zone since it's the 100% fib extention of wave W.
RVNL 105 Days Time Cycle, Time to Buy?
3 days ago
hey buddy,this is one of the best posts that I’ve ever seen.
ReplyDeletebest forex ebooks
forex trading room