Bullish wave (A) ended at level 1.4264
then corrective bearish wave (B) occurred and rejected from SMA 100
Now price is supported above key level at 1.4115
Price is based above HVN at level 1.4130 which indicates that pair is in accumulation phase
It's expected for coming bullish wave (C) to target supply zone at level 1.4530
then corrective bearish wave (B) occurred and rejected from SMA 100
Now price is supported above key level at 1.4115
Price is based above HVN at level 1.4130 which indicates that pair is in accumulation phase
It's expected for coming bullish wave (C) to target supply zone at level 1.4530
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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.