The wave b has ended in the range of 1.23492 and the first 5 descending waves have ended in the range of 1.1952, there is the possibility that the price enters to the corrective uptrend phase, which can be extended up to the targets of 1.21 to 1.2195.
In my opinion, the 1.2267 range is a very important range, and by the price crossing this range, the probability of a trend change is very high.
Please see the analysis of the daily chart as following:
In my opinion, the 1.2267 range is a very important range, and by the price crossing this range, the probability of a trend change is very high.
Please see the analysis of the daily chart as following:
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.