DXY: Wave 2) of (C) Completed and we are on the way to 98.5 ?
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Market Commentary:
1. As per my previous view it broken the high 107.38 for the wave c)of (B) to complete.
2. So triangle didn't happen and that was ruled out from my view. Now i am expecting to break the low 99.5 for the bigger A,B,C correction to complete.
3. After the rejection from the high 108.07 5 waves completed in the shorter TF in 1 hr.
4. Now it seems like a,b,c in 1 or 4 hr completed that could be wave 2).
5. So STRICT STOP @ 108.10 we can ride this to the downwards till the low to break 99.5.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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