In the previous analysis, the expected ranges worked very accurately and we obtained the first target in the decreasing scenario by forming a divergence in the range of 0.70484, then 2 ranges of 0.70484 and 0.70588 are strong support to obtain ascending targets in the ranges of 0. 71159 and 0.71306.
The 2 scenarios we expected easily covered each other.
Now, in continuation of the above formed trend, we can expect a target in the range of 0.71795 with a break of the range of 0.71600, and after that, with a break of the range of 0.71795, we can expect the next target up to the ceiling of the channelized space in the range of 0.71984. .
The 2 scenarios we expected easily covered each other.
Now, in continuation of the above formed trend, we can expect a target in the range of 0.71795 with a break of the range of 0.71600, and after that, with a break of the range of 0.71795, we can expect the next target up to the ceiling of the channelized space in the range of 0.71984. .
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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.