A complex pattern seems to be unfolding. Such a complex pattern is usually a symmetrical triangle pattern (see the insert).
Such a pattern is highlighted by the red A, B, C, D and E price paths on the chart itself.
The ideal entry range is close to wave E.
Stop-loss price is set around 68.
Target 1 price is set at 101.
Target 2 price is set at 120.
Such a pattern is highlighted by the red A, B, C, D and E price paths on the chart itself.
The ideal entry range is close to wave E.
Stop-loss price is set around 68.
Target 1 price is set at 101.
Target 2 price is set at 120.