WE ARE IN THE PHASE OF CORRECTION ON THIS PAIR. "A" & "B" ARE FORMED ALREADY. "C" WAVE IS STILL UNFOLDING TO ONE OF THE THE 3 LEVELS AS SHOWN ON THE CHART.
THE BEST WAY TO TRADE IT BY CHOOSING SMALLER TIME FRAMES TO SET LONG POSITIONS SINCE WE ALREADY KNOW THAT THE TREND WILL BE UP. WE JUST WATCH THE PRICES WHEN THEY APPROACH THE 3 LEVELS WE SAID BEFORE FOR TARGET.
THE BEST WAY TO TRADE IT BY CHOOSING SMALLER TIME FRAMES TO SET LONG POSITIONS SINCE WE ALREADY KNOW THAT THE TREND WILL BE UP. WE JUST WATCH THE PRICES WHEN THEY APPROACH THE 3 LEVELS WE SAID BEFORE FOR TARGET.