D1 - Special cycle completed, we may expect a correction to happen until price reaches the 38.2 - 50% of the fibo retrace zone.
H1 - Triple cycle, once the triple cycle completes itself, we may expect a correction to happen in the form of double wave down.
We can then start looking for the buys with the breakout of the most recent trend line.
Invalidation: If the price moves lower and breaks below 104.50, then this setup is invalidated.
H1 - Triple cycle, once the triple cycle completes itself, we may expect a correction to happen in the form of double wave down.
We can then start looking for the buys with the breakout of the most recent trend line.
Invalidation: If the price moves lower and breaks below 104.50, then this setup is invalidated.
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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.
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.