Long
BPMX next target 0.67usd...
BPMX next target 0.67usd. In case the exchange rate continues to move, I expect another rising wave sequence. The gray squares in the analysis are ATR areas. From this it can be seen that the currently constructed rising wave sequence is twice the previous one (because its ATR is also double), therefore I assume that the amplitude of the emerging wave will be twice the previous one as well. According to the rules of the wave sequence. In this case, the next target price could be US $ 0.67.
Trade closed: target reached
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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.