In this setup, We saw a nice down trade from wave one to wave 3 and then a correction of wave 4.
We are expecting the pairs to complete a wave 5 of the formation.
Support and resistance level
wave 4 at the entrance of wave 1
A three point price rejection.
We are expecting the pairs to complete a wave 5 of the formation.
Support and resistance level
wave 4 at the entrance of wave 1
A three point price rejection.
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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.