The chart depicts a contracting triangle formation, possibly wave 4, as part of the broader impulsive wave sequence. Key invalidation levels are marked at **1.08372** and **1.04690**. A breakout above or below these levels will confirm the next move. If the pattern holds, wave 5 could target the lower support zone around **1.00169**. Watch for price action near the boundaries!"
!
Related publications
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.
Related publications
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.