and its a buy not a sell I m only thinking of buying no more selling for a good while

it will break the first trend line to meet another a correction there from 132.7 area back to first trend line is a good entry

on 15min it might go up to 132.7 area from 131.8 then it will correct the cycle from the lows as it will break trend line on the hourly it will be the confirmation of going up I ll do a chart to explain

if we get another push up it will be the first impulse leg as it will have 5 waves

good evening I ll let the chart talk I took the fib levels from the start of the waves to the high as I see 5 waves to form the first leg

the risk was 30 pips now its 20 @ 131.7

this is the chart maaaaaaaaaaaaan

target133.87 and t2 135

we are in the buy zone at least for 3 waves up to enter the buy trade we go to a smaller time frame where sloss is minimum for a position trader the sloss is 130 the 161.8 ext

shorts still on

wave 4 is still in progress it could go to wave iv at 133,4 a sell limit at 133.3 with sloss 133.7 for the target below the low 132.3 would be nice

yes almo I think it will give us a bounce a bounce back to wave iv 133.3 area

buy to get back to wave iv but shorts are still on though its getting in the buy zone

wave E could go back to 135.7 to finish the triangle but shorts are on from that area sloss 136.6 target 133.5

sorry that's the right one and I hope its right lol

the impulse down hasn't started yet but it will as the action looks in a range what could be in wave B

yes they are but we still in a range that could take us higher once we get to target 133 - 132.2 we need to see the reaction in that area but for now its down

135.71 did hold and its going down 136 shouldn't break to reach target good night

which chart you want me to explain and what time frame