As we can see, the volatility is still lower. I predict the same behavior during whole September. But right now, we can take a look at possible next local minimum or maximum for daily traders. On picture, we are facing bullish Gartley harmonic pattern, which is not confirmed yet. It means, that bullish targets after formatting this pattern can not be created right now. So, there are three following possible targets for formatting bullish Gartley:
0.786 XA -> 9.670$
0.886 XA -> 9.500$
AB=CD -> 9.440$
If this Gartley fails, next move will be to main resistance level, which is around 10.500$.
0.786 XA -> 9.670$
0.886 XA -> 9.500$
AB=CD -> 9.440$
If this Gartley fails, next move will be to main resistance level, which is around 10.500$.