Based on the Elliot wave theory, the pair still has some room to go with a projection to 4800 before a major correction occurs.
Not
Almost at the minimum target now as wave 5 is at least equal to wave 1
Not
Minimum target hit yesterday and re correction seems to be in effect. For confirmation a close below swing lows at 3600 is needed although a topping pattern is already in full effect as we have a bearish engulfing candle subject to a close on its lows
Not
Correction well underway now. Yellow line is the main area as a target but we need a close below 3600 swing low.
Not
Swing low at 3600 taken out. A close below is very bearish. Be careful as we could see a retracement soon before we move into 3000
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.