After rate news today i think price should continue falling because structure seems incomplete.
Looking at W1 chart we have price made its first lower low forming the first convergence.
We have also a weekly ema55 acting as resistance.
Here on D1 chart:
- Nice retracement to the 0.61 fib
- ema 55 as resistance
- strong psycholevel 2000
- Wave 4 (see below)
Best regards.
Looking at W1 chart we have price made its first lower low forming the first convergence.
We have also a weekly ema55 acting as resistance.
Here on D1 chart:
- Nice retracement to the 0.61 fib
- ema 55 as resistance
- strong psycholevel 2000
- Wave 4 (see below)
Best regards.