I JUST COUNT THIS SEQUENCE OF WAVES. AS YOU CAN SEE I STARTED WITH A 5 WAVE PATTERN AND FINISHED WITH A WXYXZ PATTERN.
THE WXYXZ PATTERN HAS MADE A BULLISH CHANNEL. ALSO IF YOU SEE CLOSE THE CANDLE OF THE Z POINT, THE CANDLE HAS A WICK AND CLOSE BELOW THE 61%. THE CANDLES THAT FOLLOW THIS ONE CANT BREAK THE 61FIB AND THEY ARE JUST AT AN IMPORTANT AREA.
SO, BY THE WICK OF THE CANDLE AND THE STRENGTH OF THE 61% LEVEL I THINK THE COUNT IS REALLY GOOD AND WE ARE GOIN TO SEE A DOWN MOVE TO THE 1.2210 AREA.
IF PRICE BREAK THE CHANNEL THAT WILL BE OUR CONFIRMATION
WHAT DO YOU THINK?? I AM RIGHT? I AM FEELING SHORT, DO YOU?
THE WXYXZ PATTERN HAS MADE A BULLISH CHANNEL. ALSO IF YOU SEE CLOSE THE CANDLE OF THE Z POINT, THE CANDLE HAS A WICK AND CLOSE BELOW THE 61%. THE CANDLES THAT FOLLOW THIS ONE CANT BREAK THE 61FIB AND THEY ARE JUST AT AN IMPORTANT AREA.
SO, BY THE WICK OF THE CANDLE AND THE STRENGTH OF THE 61% LEVEL I THINK THE COUNT IS REALLY GOOD AND WE ARE GOIN TO SEE A DOWN MOVE TO THE 1.2210 AREA.
IF PRICE BREAK THE CHANNEL THAT WILL BE OUR CONFIRMATION
WHAT DO YOU THINK?? I AM RIGHT? I AM FEELING SHORT, DO YOU?