The market made a clear statement by making new lows. This price action have pretty much confirmed that we are in wave Z.
I'm still looking to sell this pair as we stay below .8753 (look below for 1H count) for a move lower towards .8380-.8280 from where I will look for a very possible reversal to take place.
The RSI is showing huge divergence and a bottoming formation, which is very important to note.
There is no targets or stop losses for the long term buy setup at the current moment in time. Stay tuned for more charts.
My demo account is now inactive. Stay tuned for my real account.
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