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MARKET COMMENTARY:
1. As i expected may be one more down to break the low 1.6600 and may be bounce...but
it bounced before that as a running flat in wave X) or b).
2. So the positional target remain same to 1.74 and 1.8 but in bigger 3 wave structure...
3. Some times it will achieve soon or if it is a WXYXZ pattern it will took more time in X) wave and b) wave.
4. Still there is a chance again to come down in another 3 waves if it is a bigger triangle in X) or b) but not to break the previous low it made 1.6640.
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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