minor wave 2 of intermediate wave (3) unfolding in abc
wave a looks over in a leading triangle – wave b should follow in a corretive mode
ALT: inermadiate wave (2) is not over – movement from 1,1700 to 1.2260 is corrective
minor wave X is over – wave Y should follow in a double zigzag trought and behind 1.1700 level - 1-2 , 1-2 - 1-2 unfolding.
critical price area
previous daily close 1.2125
PP 1.2145 DW
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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.