As it is clear in the chart, a 5-wave impulse structure has been created, probably this 5-wave structure is either wave A or wave 1 of a larger structure.
So now we need the market to complete wave B or 2 and enter correction.
With time analysis calculations, the possible time levels of price return are:
8 Jun
25 Jun
12 Jul
4 Aug
5 Sep
Also, using the Fibonacci retracement, our possible price levels for the retracement end are:
1.022 B
958.50 B
900 B
In addition, with the formation of the head and shoulder pattern, the main target of the head and shoulder pattern overlaps with the second target of Fibonacci, i.e. 958.5 B, so this range is very important for reversal and support.
So now we need the market to complete wave B or 2 and enter correction.
With time analysis calculations, the possible time levels of price return are:
8 Jun
25 Jun
12 Jul
4 Aug
5 Sep
Also, using the Fibonacci retracement, our possible price levels for the retracement end are:
1.022 B
958.50 B
900 B
In addition, with the formation of the head and shoulder pattern, the main target of the head and shoulder pattern overlaps with the second target of Fibonacci, i.e. 958.5 B, so this range is very important for reversal and support.
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FOLLOW ME ON SOCIAL NETWORK
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。