Price might have found a reliable level where it is at now. Looking at the advance I labelled it as a motive(impulse), with the volume shown by price it seemed a case. The advance of minor wave 3 has found support at around the 1.618% level of fib extension, leaving me to assume that the decline in price might be a fourth wave correction. And now price interestingly rejected at the 34.2% level of fib retracement.
Alternatively price can break below the indicating a change in structure that is when I will change my forecast. A happy trading to you all. God Bless You.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.