4% might be retested to complete wave 5 of 5
the 38% retracement we had this week corresponds to a wave 4
the MA50 is supporting the uptrend on H4
cant confirm wave 5 of 5 yet - 3.9% (61% fibo) will be a key level - if break up then 4% might be challenged for a double top or for 4.3% extension.
i remain long UJ, short ZN & Euro 1st week of October !
the 38% retracement we had this week corresponds to a wave 4
the MA50 is supporting the uptrend on H4
cant confirm wave 5 of 5 yet - 3.9% (61% fibo) will be a key level - if break up then 4% might be challenged for a double top or for 4.3% extension.
i remain long UJ, short ZN & Euro 1st week of October !