The counter is currently in a corrective structure - ABC wave.
It has completed the waves - A and B in the WXY form and the wave C is due.
The support of 106.667 has been critical support historically and the RSI indicator is also exhibiting divergence.
Hence, we expect the move north from here.
It has completed the waves - A and B in the WXY form and the wave C is due.
The support of 106.667 has been critical support historically and the RSI indicator is also exhibiting divergence.
Hence, we expect the move north from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.