After the completion of the 5 Elliot waves I am seeing similarities to past momentum. It looks like the Adam & Eva tops. We are now in the area of the B top formation, then I would expect a hike to the C point area (which is my view around 1.63 if we go by past experience). We have also not reached the 50 EMA, but I believe there will be a quick break of this EMA based on my experience.
Horban Brothers.
Horban Brothers.
Trade active
O_oTrade closed: target reached
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Horban Brothers - Innovative finance. Join our journey:
Telegram Channel: t.me/horbanbrothers
X: x.com/HorbanBrothers
Telegram Channel: t.me/horbanbrothers
X: x.com/HorbanBrothers
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.