Hi traders,
Actually I am entering into this contest with a prediction on this instrument based on my wave analysis I've done. I also mention the fact that I took this trade on my live account, so it must be successful, if not, I'll loose some money as well.
My analysis starts from the weekly chart, counting the waves and determining wave structures we are in right now on higher time frame (TF) to determine the direction in which the price is heading onto. It shows like that:
On the daily chart …
Actually I am entering into this contest with a prediction on this instrument based on my wave analysis I've done. I also mention the fact that I took this trade on my live account, so it must be successful, if not, I'll loose some money as well.
My analysis starts from the weekly chart, counting the waves and determining wave structures we are in right now on higher time frame (TF) to determine the direction in which the price is heading onto. It shows like that:
On the daily chart …