USDILS the Probability of Sharp Market Decline
Based on the available data, we can consider that the price has reached a point of completion according to the Elliott Wave theory, along with supply and demand analysis. Currently, we find ourselves in the fifth wave, which may end at any time.
It is important to note that there is a possibility of a sharp drop that could affect the overall direction of the price. In the best-case scenarios, the price may reach a level of 3.838. Therefore, it is advisable not to rush into buying and to exercise patience and avoid haste, as rushing can lead to losses.
It is recommended to monitor upcoming market variables and carefully observe price developments.
It is important to note that there is a possibility of a sharp drop that could affect the overall direction of the price. In the best-case scenarios, the price may reach a level of 3.838. Therefore, it is advisable not to rush into buying and to exercise patience and avoid haste, as rushing can lead to losses.
It is recommended to monitor upcoming market variables and carefully observe price developments.
