price based on uptrend line and key level around 240.00
price rebounded from 50% fibo level
RSI shows positive divergence
MACD shows decreasing of bearish momentum
ELLIOT WAVES indicate end of bearish corrective wave (4)and start of bullish impulse wave (5)
so its expect bullish movement to supply zone around 320.00
price rebounded from 50% fibo level
RSI shows positive divergence
MACD shows decreasing of bearish momentum
ELLIOT WAVES indicate end of bearish corrective wave (4)and start of bullish impulse wave (5)
so its expect bullish movement to supply zone around 320.00
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.