At weekly chart corrective line of falling brown TW is in process. We don't trade in long waiting for brown 2.1 marker is in place.
Daily chart. We have rising red TW and untill low 2.1 red marker is broken the wave must be viewed as rising.
At H4 chart we follow rising blue TW. Yet, there is possibility that the whole rising is over and price starts to fall within higher waves. However, we need to see price at 1.27775 first.
As for rising grey TW at H1 we have follow it in long untill low grey marker at 1.2975 is reached.
Green TW is close to reverse upward. We don't know where exactly it will happen, but may place buy stop order at 1.3285 as a crucial level of falling green TW.
The same picture for brown TW rising phase of which is getting available to buy from the very beginning of the next week.
Daily chart. We have rising red TW and untill low 2.1 red marker is broken the wave must be viewed as rising.
At H4 chart we follow rising blue TW. Yet, there is possibility that the whole rising is over and price starts to fall within higher waves. However, we need to see price at 1.27775 first.
As for rising grey TW at H1 we have follow it in long untill low grey marker at 1.2975 is reached.
Green TW is close to reverse upward. We don't know where exactly it will happen, but may place buy stop order at 1.3285 as a crucial level of falling green TW.
The same picture for brown TW rising phase of which is getting available to buy from the very beginning of the next week.
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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.