If counting is correct, 9 waves in Weekly has been formed since 24th Feb then bearish trend has started.
I've been analyzing over this weekend but no idea came up.
So I made 3 scenarios.
This year's low(1.3778) must be A or C.
1) if it's A, bearish.
1-1 This month's high(1.4004) should be B, so this year's low(1.3778) should be broken with 5 bearish waves soon.
1-2 This month's high(1.4004) should be A,last week's low (1.3808) is B, then A is broken with 5 bullish waves to make C, which turns B, then the price goes down with 5 bearish waves to break A(1.3778).
2) if it's C(=0), bullish.
This month's high(1.4004) should be 1 and last week's low(1.3808) is 2.
So this month's high(1.4004)must be broken.
As of now I take 1-1, bearish.
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HAVE A NICE WEEKEND!!
I've been analyzing over this weekend but no idea came up.
So I made 3 scenarios.
This year's low(1.3778) must be A or C.
1) if it's A, bearish.
1-1 This month's high(1.4004) should be B, so this year's low(1.3778) should be broken with 5 bearish waves soon.
1-2 This month's high(1.4004) should be A,last week's low (1.3808) is B, then A is broken with 5 bullish waves to make C, which turns B, then the price goes down with 5 bearish waves to break A(1.3778).
2) if it's C(=0), bullish.
This month's high(1.4004) should be 1 and last week's low(1.3808) is 2.
So this month's high(1.4004)must be broken.
As of now I take 1-1, bearish.
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME! THANK YOU 🎉
HAVE A NICE WEEKEND!!
