The price figure indicates an ABC pattern, and currently, we are in wave 5, which is expected to complete at 97.15. However, we require confirmation with a close below 99.40 for a long-term trade.
Note
The price was unable to close below 99.40, indicating that the analysis was unsuccessful.
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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.
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.