Initially, in the $6.40 summit area, sequences were formed on the daily frame. The targets at the bottom, shown in the picture in the red box below, were hit.
What matters to us at this time is maintaining the levels of 0.1359/0.1166, which are considered the best areas for entry and then rebounding to break the previous peak of 0.2220, which forms the A for ascending sequences that show targets at levels between 0.5917/0.4110.
What I am seeing for me is a return to the largest selling areas at levels 0.3968/0.6407/0.9332
What matters to us at this time is maintaining the levels of 0.1359/0.1166, which are considered the best areas for entry and then rebounding to break the previous peak of 0.2220, which forms the A for ascending sequences that show targets at levels between 0.5917/0.4110.
What I am seeing for me is a return to the largest selling areas at levels 0.3968/0.6407/0.9332
Comment:
It is still in an upward trend. We are now at point BC, which is considered a connecting point between point B and point C at the top