wave (4) has been formed and wave (5) has allready began. Wave (4) has been formed and wave (5) has already begun. It's likely that we are in wave 1 of (5).
Note
It is possible to set short positions because it seems the wave {iii} of 3 will begin shortly.
Note
Wave {iii} started
Note
It seems that the wave (ii) has been formed and wave (iii) of {iii} will start soon.
Note
This structure is based, that the swing resistance 0.79092 hold and finally break up the up level of the downtrend channel and the level 0.79548 too. In this case the possible final target of wave {4} is 0.81545-0.81919 area.
Trade active
Note
This counting will be confirmed if the resistance at 0.79548 broken. Will see....
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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.