Look to the left. 16 Aug 2018: 5.67354 breaks the symmetrical wave rule (reversal pattern) for a long-term downtrend, counted as wave I. 30 Aug 2018: The market corrected for wave II Thus, I expect the market to drop from Wave II to Wave III. - Monitor 1: wave group on I, II, III ... (Down) - Monitor 2: H4 wave group (1) (2) (3) ... increase the tuning wave (3) and break the trend from the wave (4) - Monitor 3: Wave group H1 1, 2, 3 ... appeared the rule wave symmetry. * Sell limited: 6.38927 - 6.50385 * Stop loss: 6.86093 * TP1: 5.49678 - TP2: 5.18436 - TP3: 4.66535
But what about the fundamentals like Turkey's economic state, debt payments and stuff. I doubt it will ever go to 4.66 in the next 16 months (i hope it will though)
dinhchien
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@AkameMurasame, I heard about the news in Turkey is not good. But I'm believed about price developments.