Man oh man what a past couple of days of life..
The bottom trend line for the channel has now become the resistance.
Still trading within the purple resistance/support zone.. I don't expect it to veer too much out of this maybe finding strong support around 1.35-1.38
Looks like we are in a descending triangle and with what Elliot is saying it seems like this will have some further downside.
Let's see if I'm wrong.
That's all folks
The bottom trend line for the channel has now become the resistance.
Still trading within the purple resistance/support zone.. I don't expect it to veer too much out of this maybe finding strong support around 1.35-1.38
Looks like we are in a descending triangle and with what Elliot is saying it seems like this will have some further downside.
Let's see if I'm wrong.
That's all folks
Nota
I was wrong gratefully lol Looks like a flag has forming and upside continuation will proceed
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.