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Market Commentary:
1. Its very interesting zone to reach in this pair @ 0.6340 to short for the positional target to hit below covid low 0.54.
2. Currently we are in the wave iv as i shown here. Usually 4th wave may be a flat or a triangle. Here, we can see the Zigzag correction because the wave ii) completed as a flat.
3. The zone 0.6340 is the meeting point for the channel trendlines as i shown here.
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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