Preferred wave count suggests wave ( 4) low is in place, wave 3 of ( 5 ) is still in progress which can test 3.08% before  wave 4 of ( 5 ) pull back starts. We don’t like selling yields in proposed wave 4 pull back and strategy remains to buy the dips in 3, […]

The cycles from 102.47 appears to have completed and pair is in wave X. The trend & cycles are positive so we don’t like selling the pair but corrective dips in 3, 7 or 11 swings ideally toward 103.59 – 103.95 area would offer a buying opportunity. This view is valid as far as pivot […]

The cycles from 101.60 should be ending with a test of 105.34 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave ( 3 ) completes.  

The cycles from 101.60 should be ending between 104.90 – 105.41 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave (( w )) / ( 3 ) […]