Polygon is approaching 2022 lows. Is it good time to buy now?
Based on Elliot wave theories and current price action on weekly timeframe, we are now in major wave 4 that is not completed yet. Expecting major wave 4 to be completed around the -0.27 ( 0.17 ) and -0.618 ( 0.08 ) Fibonacci levels ( Our buy zone ).
For the upcoming days, we'll be looking for short opportunities until we reach our buy zone.
If interested to see more setups and analysis, make sure to support our ideas by hitting the like button. :)
Based on Elliot wave theories and current price action on weekly timeframe, we are now in major wave 4 that is not completed yet. Expecting major wave 4 to be completed around the -0.27 ( 0.17 ) and -0.618 ( 0.08 ) Fibonacci levels ( Our buy zone ).
For the upcoming days, we'll be looking for short opportunities until we reach our buy zone.
If interested to see more setups and analysis, make sure to support our ideas by hitting the like button. :)
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