W1 - Long downward trend, in which the highs are not rewritten, which makes it likely that the correction will end and the movement will continue down to the levels of 0.51260 D1 - Formation of a three-wave structure, which can lead to further movement down to the lower border of the trend channel. Locally to levels 0.52920.
What can you expect? You can consider entering from the level 0.54070 - 0.53870 with further movement to the target 0.51900.
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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.