No, I have not changed South direction but I think that 1,2100 will hold and from there upper stronger and bigger correction will take place and that is why I wrote that. Black and Blue ideal projections we can not move, Red could be also in place, I think it is, and only Green projection can be moved up with establishing new higher price in this last up leg.
Last leg up: I see this as an ABC correction leg, maybe topped but I am not convinced and I do expect higher high; 5h wave exceeded normal projection so I really expect diagonal – wedge – 3 drive sell with top max at 1,27463; currently we might come back down and take 1,2580 what would be normal but not must do.
thanks for the explanation my friend..
i dont thnk abt 3900..
if i will get above 2800 i will look to sell @dat area
and will take a big break for marriage ha ha ha joking
1hr abcd is still in play let see..
Good Morning Alll
Im lil confused , according to me 1.2570 area will hold and then we will see bulls again , but at the moment price is still hanging around this area hourly and 4 hour macd is bearish too , so now shall i place a pending buying order around 1.2500 with 50 pips sl , can anyone guide me for a better entry pls ..