usdtry elliottwave perspective view
Alternative 1) If it sees around 6.50 (green area) and turns up and is permanent on the red line (above 7.30), the rise started.
Alternative 2) If it falls below the green area, it sees around 6.00 (pink area), the rise begins. 7.30 is also important in this. 7.30 must be exceeded for real rise.
Alternative 3) Cannot hold in the 1st Pink area. It falls to around 4.50 (2nd Pink area). After this fall, the journey to AY begins.
my favorite 2nd alternative
Alternative 1) If it sees around 6.50 (green area) and turns up and is permanent on the red line (above 7.30), the rise started.
Alternative 2) If it falls below the green area, it sees around 6.00 (pink area), the rise begins. 7.30 is also important in this. 7.30 must be exceeded for real rise.
Alternative 3) Cannot hold in the 1st Pink area. It falls to around 4.50 (2nd Pink area). After this fall, the journey to AY begins.
my favorite 2nd alternative
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Related publications
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.