When breaking through 5.58, you can look long, since the plane, which can now be the 4th wave of wave A in a zigzag.
The idea of long is considered within the framework of the fact that wave A is most often 0.618 of wave 5. In logarithmic terms, the drop was 0.5. We can also see a bullish candle on the weekly chart, as well as an attempt to hold on to ema50. The goals are minimal, correspond to the minimum possible movement of wave B.
The idea of long is considered within the framework of the fact that wave A is most often 0.618 of wave 5. In logarithmic terms, the drop was 0.5. We can also see a bullish candle on the weekly chart, as well as an attempt to hold on to ema50. The goals are minimal, correspond to the minimum possible movement of wave B.