Last 3 waves move (wave 3 was also 5 waves move down) now its time for at least correction wave 4. But this move down also could be ABC - where C was 5 waves move down.
SL is bigger than it used to be - 20pips but position is also smaller.
SL below low on 128,855 open.
After big 5 wave move up we are probably on ABC correction.
Top of wave B zone is marked on blue. This is also bottom of wave 1 of move on H1 - so it should be maximum of correction .
Anyway if move down was also ABC - B can go little bit upper- and than we will have wave C down and i expect it to be strong one.
Well i was stoped out by short breake. It happens. Anyway I still see long there. On D1 it can be continuation of wave A - but on H1 it should be at least 100pips move up - before down and bottom of wave A.
Yesterday was good day. Position on GBP/JPY gave +48pips and i closed USD/CAD on +15pips. SL was on first GBP/JPY postions and it was -15pips. So about +45pips for yesterday
I dont see clear situation on EUR/USD. Everyone is telling it will fall down. But on D1 its near trend line - and it can be some suprice retrace. But no clear setup to enter on H1.
I dont see anything clear. But on EUR/USD, GBP/USD, GBP/JPY, EUR/JPY should be consider just long - DT gave signal - and seems it time for some bigger corrections.
GBP/JPY and EUR/JPY was on clear 5 waves down trend. I opened positions but this move was such unregular that i got stoped out on EUR/JPY and gave back almost whole of my gain on GBP/JPY.
