The decline from 0.8400 became a more complex double zig-zag combination. However, we finally have seen a low for wave 2 at 0.8193. I will now be looking for minor support at 0.8216 to protect the downside for a break above resistance at 0.8247 and more importantly a break above resistance at 0.8260 and 0.8310 confirming a rally towards at least 0.8588 and possibly even higher.
If it falls to 0.8155 to 0.8100 its a buy....scale in
ReplyDeleteHi Jean,
DeleteYou will have to give me/us some more information. what do you mean by scale in?
Could you provide us with your Count so that we can see what you mean. It will help me better understand your thinking.
Kind regards
EWS