DX

The bearish outlook :

After retracing a Fibonacci 0.786 of the wave A, in an expanded flat as the wave B, now decline of the wave C may have started in a leading diagonal wave i of minute degree.

As an initial target, the wave C could achieves the fibonacci 1.0 expansion level at 95.80, where C = A.

DX - Intraday 600DX - Intraday 360

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s