Hello everyone!! No decisions will be made on this asset as the price is in a high risk area to enter the market.
but taking into account the configurations that it has been making, we can conclude that it will meet the 5th wave of elliot, therefore we are going to wait for the price to reach a key area to open positions in purchase and look for around 200 pips.
opposite case:
Given that the asset does not respect its configurations, we will wait for the price to reach a key area to enter the sale.
Right now the best thing is to see how the price behaves in order to make good decisions later.
but taking into account the configurations that it has been making, we can conclude that it will meet the 5th wave of elliot, therefore we are going to wait for the price to reach a key area to open positions in purchase and look for around 200 pips.
opposite case:
Given that the asset does not respect its configurations, we will wait for the price to reach a key area to enter the sale.
Right now the best thing is to see how the price behaves in order to make good decisions later.
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