Orange lines indicate a long-term channel in the weekly time frame. Elliott Wave Analysis is also based on weekly timeframes. Two scenarios were proposed based on daily time frame.
The currency is currently struggling with its historic line of support. Two possible scenarios: First: complete the third wave of correction and reach the price of about $ 350. Second: move up to the first resistance at $ 640.
please write your comments.
The currency is currently struggling with its historic line of support. Two possible scenarios: First: complete the third wave of correction and reach the price of about $ 350. Second: move up to the first resistance at $ 640.
please write your comments.
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.
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.