Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
This analysis is based on weekly time frame analysis.
In weekly timeframe analysis, a 5-wave is formed in the form of a triangle, of which wave 4 has just been completed, and now wave 5 microwaves are being formed.
The first microwave 5 (wave 1) is forming its own wave 5, and after the price reaches the specified price targets, we expect the price to rise and form wave 2.
To understand the start time of wave 2 is the best point after breaking the roof of the blue channel (green circle).
The minimum price target we considered for Wave 2 is Fibo 0.50, but if this Fibo breaks, the price can move to the next Fibo.
This analysis is fielded if the price crosses the warning sign.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
This analysis is based on weekly time frame analysis.
In weekly timeframe analysis, a 5-wave is formed in the form of a triangle, of which wave 4 has just been completed, and now wave 5 microwaves are being formed.
The first microwave 5 (wave 1) is forming its own wave 5, and after the price reaches the specified price targets, we expect the price to rise and form wave 2.
To understand the start time of wave 2 is the best point after breaking the roof of the blue channel (green circle).
The minimum price target we considered for Wave 2 is Fibo 0.50, but if this Fibo breaks, the price can move to the next Fibo.
This analysis is fielded if the price crosses the warning sign.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️