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MARKET COMMENTARY:
1. The drop is looking like a 3 wave for the previous 5 wave swing and this is wave ii).
2. Invalidation for this is 1.3380 but i placed in a positional STOP and invalidation.
3. One it breaks the high 1.3633 and 1.3695 confirms a bull trend and we are in C).
4. Until if it breaks, there is a chance to break 1.3380 also and then it could bounce.
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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