In the daily and weekly time, it is moving in an ascending channel, where three-wave movements are evident inside the channel. At present, with the failure of the major ceiling, it can continue its upward path by completing the pullback to the specified limits and the ceiling of the ascending channel. In the last part of this movement, it can be completed with another short correction and enter the continuation of its upward wave to the areas of divergence. But if it cannot maintain the range of the ceiling, it will have the possibility of correction to the bottom of the ascending channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Note
After it failed to hold the green box range, the predicted alternative scenario of corrective lag was extended to the channel floor range. Currently, considering that the support range has turned into a resistance zone, if it can break the range, it can continue to grow up to 3.76, otherwise it will face correction again and its first target will be 2.35.
Note
According to the movement path after the pullback to the neck line, the correction has been made to the first area of 2.35 range, which is currently met with reaction and demand. Currently, if it fails to break the supply zone upwards, the continuation of the corrective path can move up to the second target zone. If the behavior and structure of the post changes, it will be updated.
Note
According to the movement path presented in the previous survey, more than 45% of the area has been corrected after no break.
Note
According to the movement path, it has touched the specified target supply area by more than 51% after not being able to break through. If this post was useful for you, support it with like and comment.
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