Timeframe: 15m
Direction: Long
Price: 161.10
Target: 161.70
Status: Stopped Out (10 pips)
Traders, the markets can sure have a twisted sense of humor sometimes, huh? It's a good lesson that solid analysis requires extreme patience to reap the full fruits of your labor. This morning's 101.40-area low was a beautiful a = c pullback in what I have labeled as wave 2. So now, we should be in the middle of an explosive wave 3 up that takes us through the 103 highs on the way to 103.80 target. Back tonight.
1 comment:
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My blog is http://foreignexchange-atushi.blogspot.com/
Thank you
atushi
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