We are probably on the side of a contraction triangle pattern. We expect the price to have an upward movement to the level of 3.75 after the completion of wave e in the range of 2.37-2.50.
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Considering that the upward movement has left a neutral triangle, this movement is not stable and the maximum elongation is in the range of 68780-69500. until the minimum range of 54 thousand dollars happens
Completing a neutral triangle pattern, we expect a drop to the minimum range of 52.30
Considering that the upward movement has left a neutral triangle, this movement is not stable and the maximum extension is the range of 68780-69500, we expect a fall to occur.
We expect to complete the three-month structure in the form of a contraction triangle, the price will continue its correction to the range of 450-390 and after the completion of wave E, the upward movement will begin.
If the key level of 54.40 is lost in the daily time, it is possible that the correction will continue up to the levels of 52.60-53.
The previous scenario is still valid and running, it is expected that in the monthly time the price will be corrected in the range of 2600 to 2540 and according to the movement scenario, it will have a profitable movement to the range of 3753-3918 dollars.
As long as the price is fluctuating below the level of 67200, it is expected that this scenario is possible in the monthly time. It should be noted that the life of Lleg E will end on May 15 and the task of this leg will be determined.
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We are completing a contraction triangle Attention Attention Attention
The end time of wave D is May 15. According to the structure, we expect to experience at least 90% and maximum 140% growth in the form of wave E. The end time of this upward movement is July 1.
The end time of wave D is May 15. According to the structure, we expect to experience at least 68% and maximum 90% growth in the form of wave E. The end time of this upward movement is July 1.
The price is forming a neutral triangle, the upward movement is expected to continue until the level of 56.50
As long as the index moves above the number 646, we expect the previous ceiling to be crossed in this new movement