GE slowly reaches the end...

26 sept. 2018

Nearly two years of decline can be completed. In the exchange rate, it is possible to identify a so-called 2 and a half wave sequence that follows the exchange rate steadily during its two-year course. Therefore, there is no reason to deviate from this. This means that the wave structures in motion (regardless of the direction) consist of 2 whole and half wave structures. Of course, this is the distance of the ATR of that particular motion side. If we start from this mathematical model, it can be seen that GE's rate is based on the last decreasing wave structure. The target price may end somewhere between 8 to 10 usd. We are expecting a rising structure from there. GE's more distant target is 25 usd. Therefore, in this hope, you need to enter trading.