As I have said more than once, the price in this pair moves in waves.
Usually 2-3 growth waves alternate.
Then correction.
And 2-3 fall waves.
On the monthly chart, you can see that the price is following this movement globally (since 1993).
So locally (movements within the main trends are highlighted in blue).
Since 2017, the price has been forming two growth waves.
The first is from 2015 to 2018.
Then, until 2020, the price fell.
And in February 2020, a new growth began in which it is now.
I expect the price to complete the formation of the second wave of growth in the area of the resistance line.
The target is 1.279.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Usually 2-3 growth waves alternate.
Then correction.
And 2-3 fall waves.
On the monthly chart, you can see that the price is following this movement globally (since 1993).
So locally (movements within the main trends are highlighted in blue).
Since 2017, the price has been forming two growth waves.
The first is from 2015 to 2018.
Then, until 2020, the price fell.
And in February 2020, a new growth began in which it is now.
I expect the price to complete the formation of the second wave of growth in the area of the resistance line.
The target is 1.279.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.