Dislikedvery nice analysis fonto . i just want to put here few thoughts . wave 4 to finish at 1.45 area to go down to form wave5 . wave 4 is abc correction . wave c of 4 is in action to get to 1.45 areaIgnored
Actaully wave4 can take any length against wave 3 till to the top but bull so far failed everytime even to a respectable level, price perhaps at point of no return with strong bear in nature ( not due USD strong but others failure & cycle is too matured to proceed for next move) & hence this spike up may not last long. well said 1.45 , may be 1.4625 also ok .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++