Please see my post from January 29 here first.
After the peak at 2.3897 and a classic case over overshooting of the channel resistance line we should now see a decline towards at least the 38.2% corrective target at 1.9138.
Short term I will be looking for red wave c of b higher to just above 2.2852 setting the stage for wave c lower towards at least 2.0216 and ideally lower towards 1.9138.
Hi EWS thanks for UsdTry update makes more sence than my count
ReplyDeleteWhat sort of levels do you expect for ZAR your thoughts would be great.
Brgs jt
ps like the look of your DJI trade.
Thanks for the longterm count
ReplyDelete