The fact that the correction level has returned from 0.5 instead of 0.618 indicates that this is not an elliot. It will draw a harmonic pattern for me. Those who already follow know that I am doing harmonic trading. That's why I consider this as it will create a harmonic pattern.
Looking at the old resistances, there are past accumulation zones at 0.886 and 1.13 levels. If we think that the price will break from there, real targets will emerge after an upward movement and a downward turn. Short target levels that may occur until the pattern I have indicated on the chart appears.
NOTE: It is not investment advice.
Looking at the old resistances, there are past accumulation zones at 0.886 and 1.13 levels. If we think that the price will break from there, real targets will emerge after an upward movement and a downward turn. Short target levels that may occur until the pattern I have indicated on the chart appears.
NOTE: It is not investment advice.