Analysis uses Wolve waves on 1 hour timeframe
Joining point 1 and 3 along the trend expect Wave 5 to cross at 11679 and reverse above at 11700-11750.
Could reverse to a lower target during reversal over subsequent weeks.
Joining point 1 and 3 along the trend expect Wave 5 to cross at 11679 and reverse above at 11700-11750.
Could reverse to a lower target during reversal over subsequent weeks.
Commento:
To Watch - Expect reversal at around 11730 fib level.
Ordine annullato:
Wave 5 didnt form. Trade position cancelled. Upmove didnt happen.