Looks like a great opportunity to bet on the rise of the Chinese stock market.
All Investors Leave Korea. Right now.
The circle is the first evidence of a downtrend. After that, there was a second move, breaking down the green trend line, and the rising wedge, which is a typical bearish pattern, has emerged. In the short term, I try to approach it from the point of view of SHORT.
The dollar's depreciation is unlikely to last forever, but looking at the euro's situation, the dollar's downtrend seems to be continuing. Fundamental factors are also important, but nothing is more important when it comes to trading than following the market movement. I maintain a buy perspective on the euro .
It's a weaker move than I expected, but I'm still holding Long position.
It appears to be a typical Elliot wave, and it is believed that a correction wave of C is in progress. The extension of the C wave can be seen as a larger downtrend extension, so be careful with LONG.
It breaks through after sideways and is thought to be a turn to an uptrend.