We are starting a strong wave of a extended five wave pattern
I think we are completing a damn interesting triangle
I think we are completing a fucking fabulous zigzag
Comment We are forming a contraction triangle of the current type with a powerful post-construction format with a minimum target of 0.063. Note: the end of wave e has not yet been determined
We are forming a contraction triangle with a minimum target of 0.063 Note: the end of wave e has not yet been determined
The next move can be correction to the desired level and then climbing
I expect a correction from the range of $2.8-3. This correction is in the form of wave e of the triangle. The support level is $1.60-1.86.
There is a possibility of this scenario occurring due to the current structure
There is a possibility of this scenario occurring due to the current structure
There is a possibility of this scenario occurring due to the current structure
We are probably on the side of a contraction triangle pattern. We expect the price to have an upward movement to the level of 3.75 after the completion of wave e in the range of 2.37-2.50.
Considering that the upward movement has left a neutral triangle, this movement is not stable and the maximum elongation is in the range of 68780-69500. until the minimum range of 54 thousand dollars happens
Completing a neutral triangle pattern, we expect a drop to the minimum range of 52.30
Considering that the upward movement has left a neutral triangle, this movement is not stable and the maximum extension is the range of 68780-69500, we expect a fall to occur.
We expect to complete the three-month structure in the form of a contraction triangle, the price will continue its correction to the range of 450-390 and after the completion of wave E, the upward movement will begin.
If the key level of 54.40 is lost in the daily time, it is possible that the correction will continue up to the levels of 52.60-53.
The previous scenario is still valid and running, it is expected that in the monthly time the price will be corrected in the range of 2600 to 2540 and according to the movement scenario, it will have a profitable movement to the range of 3753-3918 dollars.
As long as the price is fluctuating below the level of 67200, it is expected that this scenario is possible in the monthly time. It should be noted that the life of Lleg E will end on May 15 and the task of this leg will be determined.