Overlapped wave 1. Therefore, the whole structure has moved in a three-wave form. A complex corrective structure can be seen in the 4-hour timeframe, which should be expected to break the 0.48 level. Otherwise, you should wait for the bottom of the blue PRZ zone channel and even 0.34. We should probably see a consolidation above 48 cents. Therefore, it should be...
In the above time, a cup pattern can be seen, which is also out of the descending channel or cup handle. Therefore, we have to wait for the pullback. We have to see how it can complete this pullback (external or internal). If completed, it can grow as much as the depth of the cup (approximately 85%) in the long term. The most important resistance for gold to...
In the return to the range of 0.29, we were waiting for the confirmation of the continuation of the downward trend until around 0.15.
In the 4-hour timeframe, there are 4 micro-waves of correction that can grow to the indicated area in a short period of time.
The triple correction is completed and the pullback to the broken trend is done. Still susceptible to growth.
Bitcoin touched the specified areas in 4 hours and had good reactions to it. Daily time, I expect the green area of the ceiling and trending range to return. You can wait for the confirmation candle.
It is located at the bottom of the corner of its own long-term ascending channel. It has corrected more than a third of the previous wave, which can be placed in the third ascending step. You can apply for a long position until the dynamic trigger, and if the trigger fails, it can have upward targets of $18 and $22. The bottom of the previous analysis wave will be...
While returning to the range of 29 cents, the specified range can be the continuation of the currency target. Because it is on the way to rise, it is preferable to have approval, it has an attractive priority for a long position. also In the specified range of red color, you can look for a short trade.
If you enter according to the previous analysis, keep it. For a new entry, you should wait for the 0.4883 range to be 3 cycles lower on the way up the wave Short-term targets: 0.5859 - 0.6348 - 0.6836