SBO making a downtrend movement since Nov 2022.
Based on EW rules.. price now should make Wave 5.
Target to nearest support + Fibo extension 0.618.
Another 2.8% movement.
If we use this data for FCPO, there will be another around 100tick price to go down.
Based on EW rules.. price now should make Wave 5.
Target to nearest support + Fibo extension 0.618.
Another 2.8% movement.
If we use this data for FCPO, there will be another around 100tick price to go down.
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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.