In the daily chart, by checking the details of the waves we can see that wave i from the sub-waves of wave 3 has completed in the range of 133.04, we are currently in wave ii.
In the 240-minute diagram and in the details of wave 2 from sub-wave C, a diagonal pattern is forming which we can consider it as a terminated wave in the range of 142.03.
To confirm the main downtrend, the price needs to cross from the range of 139.51 with 5 descending waves.
In the 240-minute diagram and in the details of wave 2 from sub-wave C, a diagonal pattern is forming which we can consider it as a terminated wave in the range of 142.03.
To confirm the main downtrend, the price needs to cross from the range of 139.51 with 5 descending waves.
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