The chart shows the tendency of the price to move in waves. First growth, then correction and rollback, new growth, and so on. At the same time, the first two waves of growth turn out to be very small, rather acting as a correction themselves. But then the price makes a jump and works out a large amount of movement at once. Now the price is in the process of forming the third growth wave. Most likely it will touch the price level of 128.05 and then work out the rollback and fall near the 127.39 zone.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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