Critical resistance at 1.13109 was not tested and along with impulsive price action to the downside is a good indicator of wave iii price action.
The recent rejection of the highs confirms our blue wave i - wave ii and green wave i - wave ii scenario as the waves now make progress in green wave iii.
We should expect lower prices from this point and a break of 1.11895 should confirm the move down.
See related ideas below to see how we got here.
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The recent rejection of the highs confirms our blue wave i - wave ii and green wave i - wave ii scenario as the waves now make progress in green wave iii.
We should expect lower prices from this point and a break of 1.11895 should confirm the move down.
See related ideas below to see how we got here.
Please LIKE and FOLLOW to get notification of updates and future posts.
