Price is sitting on the downtrend line from the past HL's. If we can break it to the upside, we see a possible finish of the third wave (C). Target area is the upper box.
Note
Price rejected on the trendline, possible buy area between 15.91 - 16.15Note
entry area was hit on the 21th may - now on the way to the final target[IMG]
Trade closed: target reached
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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.