Dear Colleagues, after such sharp moves and breaks, the wave markings may look a little strange and break some rules, but this is rare.
In this case, I still assume that all this movement is a movement in wave “2”. And it won't be long before the long awaited upward movement begins. Plus, the gaps are most often closed.
I expect that the price will push from the support area 1.07018, then come to the target 1.08144. This is the nearest target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
In this case, I still assume that all this movement is a movement in wave “2”. And it won't be long before the long awaited upward movement begins. Plus, the gaps are most often closed.
I expect that the price will push from the support area 1.07018, then come to the target 1.08144. This is the nearest target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Trade closed: target reached
Well done!
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✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
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.