We might be forming a triangle on H4 and ideally it is finished, with the triangle breakout on H1. If it proves to be correct we should see a rather steady move towards the 61.8 retracement level @ 140.20 area.
The whole move from 142.36 all the way to the downside can also be called as corrective Triple Combination in terms of Elliott Waves.
Invalidation level is clear. Let's see what happens.
The whole move from 142.36 all the way to the downside can also be called as corrective Triple Combination in terms of Elliott Waves.
Invalidation level is clear. Let's see what happens.