The yellow b of the black B landed exactly on EMA200, from where we could now expect a potential yellow wave c - in a complex, triangular shape with waves 1-5 (or ae), which, if this view is correct, then turns into a deeper yellow d should lead. If 1.2815 is not left below, we could still see the wave e that closes the black B. If the price develops according to this assumption, the black C-1 would be a good route for good profit with short.
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.