Dear colleagues, I have redrawn the waves and I think that the price is in a long downtrend. At the moment I expect a corrective movement in wave 2, which will reach the resistance area and 38.2% - 50% Fibonacci 2001 levels.
But before this movement, the price may test the low of wave 1 (1975) or even update it slightly.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
But before this movement, the price may test the low of wave 1 (1975) or even update it slightly.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
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.