By: Fadi Steitie
Trend Expected Direction: Down within a falling channel.
Method: Elliott Waves and Fibonacci Trading.
Description: Follow up on my yesterday trade, I suggest my followers to close the long position or to wait until it comes close to 1.31950. I do feel another drop is coming on the way if wave five was en Ending Diagonal. I marked the current wave as of d which retrace 0.768 of previous c. Let's close with about 80 pips profit and watch the next move in the market.
Target Area: 1.31950
Stop Loss: 1.30500