EURO although it did not follow nicely as per our plans but we are still saying this again that we are Bearish and soon or later its just delay of time which this up rally is doing with us as a fooling Pullback.
Soon or later today we are again going down to our ideal targets as per E.WOLF WAVE and expanding triangle concept and the wave1 projections , the target lies near 1.0460 in the shape of wave(v) on larger fifth wave inside wave (III) and we will allow the things to flow down today.
Due to rate hike rumors , we can not think about major Bullish moves.
Our all upside targets should be limited and we will continuously see declines how ever once all 5 waves sets completed then a substantial corrections are expected as A-B-C
We are bearish for now and will look to sell on UK and US sessions.
Trading recommendations :
We will look to sell near 1.0800 or upon break down 1.0650 with stop above 1.0840 and target will be our calculated 1.0460
Soon or later today we are again going down to our ideal targets as per E.WOLF WAVE and expanding triangle concept and the wave1 projections , the target lies near 1.0460 in the shape of wave(v) on larger fifth wave inside wave (III) and we will allow the things to flow down today.
Due to rate hike rumors , we can not think about major Bullish moves.
Our all upside targets should be limited and we will continuously see declines how ever once all 5 waves sets completed then a substantial corrections are expected as A-B-C
We are bearish for now and will look to sell on UK and US sessions.
Trading recommendations :
We will look to sell near 1.0800 or upon break down 1.0650 with stop above 1.0840 and target will be our calculated 1.0460
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Forex_Impulse
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