Elliot wave analysis
Simply by using Elliot wave analysis the trend is determined to be downwards for the next coming few days. After it completes the movement (e) the after it traces the we can enter the trade at 108.858 then take the profit at at the level 106.958 since its a major support line.
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.