This analysis is for educational purposes only.
Price has arrived at previous resistance on the four hour chart. This could be a possible support. The 1 hour chart shows the development of an Elliott Impulse Wave, which may now be setting wave 4 ,after which the last wave should arise. This wave has a possible length of 0.618 from wave 1 to 3.
Price has arrived at previous resistance on the four hour chart. This could be a possible support. The 1 hour chart shows the development of an Elliott Impulse Wave, which may now be setting wave 4 ,after which the last wave should arise. This wave has a possible length of 0.618 from wave 1 to 3.
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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.