I've been closely following and studying this pair last months.
Right now i think the mistery has been revealed.
Price formed a nice expanding ending diagonal. The behaviour after its completion gives me more confidence about this wave count.
There are also many perfect price and time relationships im not showing to keep chart clean.
Details on chart.
More than that, looking at W1 chart we have price finished a very long term zigzag. I expect a long term decline from here, reaching possibly 1.200 and more.
My plan is to focus mainly on shorts, selling the rallies.
Best regards.
Right now i think the mistery has been revealed.
Price formed a nice expanding ending diagonal. The behaviour after its completion gives me more confidence about this wave count.
There are also many perfect price and time relationships im not showing to keep chart clean.
Details on chart.
More than that, looking at W1 chart we have price finished a very long term zigzag. I expect a long term decline from here, reaching possibly 1.200 and more.
My plan is to focus mainly on shorts, selling the rallies.
Best regards.