Corrective structure unfolds, once completed, expect motive wave upwards to price levels 15.11733 and 15.25885 respectively.
By Testing the bearish TL and bounce downwards, a Triangle formation shall be developed then.
The R:R ratio in the two targets are 4:1 and 6:1 respectively.
Stay tuned and I will update any confirmed change of the structure!
By Testing the bearish TL and bounce downwards, a Triangle formation shall be developed then.
The R:R ratio in the two targets are 4:1 and 6:1 respectively.
Stay tuned and I will update any confirmed change of the structure!
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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.
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.