I look forward to correcting the exchange rate. The explanation is as follows. The purple line is an ATR axis (coincides with MA200). According to the wave rules, the exchange rates on similarly strong axes begin to move symmetrically. The movement of the oil so far, which has been symmetrical to this axis, shows well. If the idea is real, then the target price is 56.94 usd.
This is a very precisive analysis. Accurate, and up-down moving chart. I express my sacrifice. This is a very good chart. I will hope to see more analysis from the Hungarian author. In this year, and in the year too.
meszaros
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@Thomas576, thank for your comment. This is a mind-blowing comment. I really like it. Matter of me in the future.:)
redmandan
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Very informative, Thank you :)
meszaros
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@redmandan, I am glad. Thank you for your comment. Have a nice day. :)