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Market Commentary:
1. I presented both possibilities as a triangle and irregular flat pattern. So follow the rules for a triangle and make that "e" wave low as a STOP and look for the target 1.000.
2. If it is a irregular flat it can shoot and may break the previous high 0.9473 and laterz it will free fall for "Y" wave or "C" wave to 0.9050 approx.
3. My positional target for this pattern is 1.000 but we cant come to a conclusion here and both
possibility can happen and valid too.
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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