Very healthy retracement is finding place.
We have made a full elliott wave so a correction was needed for new structure.
Next stop is 38.2 fib level around $1.45 which align well with the support levels. If we break $1.45 we can see $1.11 which is the 61.8 fib level.
We have made a full elliott wave so a correction was needed for new structure.
Next stop is 38.2 fib level around $1.45 which align well with the support levels. If we break $1.45 we can see $1.11 which is the 61.8 fib level.
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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.