Alikze »» OP | Pullback to the roof of the major is broken

alikze Updated   
In the daily and weekly time, it is moving in an ascending channel, where three-wave movements are evident inside the channel. At present, with the failure of the major ceiling, it can continue its upward path by completing the pullback to the specified limits and the ceiling of the ascending channel. In the last part of this movement, it can be completed with another short correction and enter the continuation of its upward wave to the areas of divergence. But if it cannot maintain the range of the ceiling, it will have the possibility of correction to the bottom of the ascending channel.
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After it failed to hold the green box range, the predicted alternative scenario of corrective lag was extended to the channel floor range. Currently, considering that the support range has turned into a resistance zone, if it can break the range, it can continue to grow up to 3.76, otherwise it will face correction again and its first target will be 2.35.
According to the movement path after the pullback to the neck line, the correction has been made to the first area of 2.35 range, which is currently met with reaction and demand. Currently, if it fails to break the supply zone upwards, the continuation of the corrective path can move up to the second target zone. If the behavior and structure of the post changes, it will be updated.


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