It seems we are currently in an ABCDE correction, which means there is likely one wave more up, as ABCD only happens in wave 4 or in B in ABC correction. Strong resistance at 0.47 area.
Comment
Bit wrong on the wave 4 structure, but target hit. Next move most likely a retest of .47, then down to 0,40 area. Likely to punch through and target 0.6-0.7 after that retest
Comment
Bottom most likely hit. Now aiming for 0,44 in the next 2 daysDisclaimer
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.