in relation to the past week down ward movement of price, followed by the pullback to the upside. Today market projections dhow possibility of price to fall to low levels reached last week or may exceed little lower. The current downward movement is expected to be a five wave move in completion of wave "C" of the forth wave correction in higher degrees.
Watch for market structure during downward unfold to identify the building structure and estimate the possible area the price may land at. First target is expected to be at 188296, and the second may be at 1870.08. Finally price may move beyond 1859.79.
For any trading opinion on this analysis, write in a comment section. THANK YOU.
Watch for market structure during downward unfold to identify the building structure and estimate the possible area the price may land at. First target is expected to be at 188296, and the second may be at 1870.08. Finally price may move beyond 1859.79.
For any trading opinion on this analysis, write in a comment section. THANK YOU.