It is possible that there in the zone of 1,326/1,324.00 had made a bottom, this zone is also a projected and Achieved Target Shell (*), and the end of the Wave C. From there the Primary Target ahead is the 1,362.00 -1,365.00 zone.
Now because this Wave C looks like uncomplete, there exist a second scenery (the red one) projecting a new target down to 1,316-1,1314 zone. I´m waiting for the the Wave v of C be fulfilled to set the trading Margin.
(*) Target Shell: is a formula that projects upcoming targets, in function of the Wave Pattern evolution + Fibonacci numbers reached+ psychological resistance and support levels taken.
Now because this Wave C looks like uncomplete, there exist a second scenery (the red one) projecting a new target down to 1,316-1,1314 zone. I´m waiting for the the Wave v of C be fulfilled to set the trading Margin.
(*) Target Shell: is a formula that projects upcoming targets, in function of the Wave Pattern evolution + Fibonacci numbers reached+ psychological resistance and support levels taken.
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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.