In fact, there is now a three-wave pattern, in which wave A represents the bearish momentum on Thursday. Traders can enter the market by selling on a rebound from 1.0980, with stop-loss set at 1.1032. Exit by taking-profit upon the breakdown of 1.0883 and 1.08
This idea is based on the "Price Action" and "Stop Hunting" strategies.
Good luck and have a nice day! Don't forget to control the risks.
