especially if this retest is compatible with the reversal area that has been mentioned, and given that wave (1) and (4) shouldn’t overlap, the invalidation level has been set at 0.9407 level.
December 12, 2024 at 10:57 AM
especially if this retest is compatible with the reversal area that has been mentioned, and given that wave (1) and (4) shouldn’t overlap, the invalidation level has been set at 0.9407 level.
and that’s after finishing wave 4 that retraces ideally to the zone between 1.0409 – 0.9970 zone.
The upper boundary of the broken base channel can react to the price as a support in case we see a retest +
The upper boundary of the broken base channel can react to the price as a support in case we see a retest +
December 12, 2024 at 10:57 AM
and that’s after finishing wave 4 that retraces ideally to the zone between 1.0409 – 0.9970 zone.
The upper boundary of the broken base channel can react to the price as a support in case we see a retest +
The upper boundary of the broken base channel can react to the price as a support in case we see a retest +
We expect another bearish wave, potentially taking the price downward to form a new low under 29.660, reaching ideally to the 27.987 level.
November 23, 2024 at 2:27 AM
We expect another bearish wave, potentially taking the price downward to form a new low under 29.660, reaching ideally to the 27.987 level.
Following the completion of a corrective wave that may represent wave (2)/(B), we anticipate a decline through wave (3)/(C) of a bearish wave in the higher degree. In such a scenario, we will maintain a bearish outlook as long as the price does not break through the 34.542 level (invalidation).
November 23, 2024 at 2:26 AM
Following the completion of a corrective wave that may represent wave (2)/(B), we anticipate a decline through wave (3)/(C) of a bearish wave in the higher degree. In such a scenario, we will maintain a bearish outlook as long as the price does not break through the 34.542 level (invalidation).