In the short term, the exchange rate can build up an accumulation area in the yellow rectangle shown in the figure. I put the bottom of this to usd 1469. I am expecting a 10% rise in this area. I consider this level to be the primary target price at US $ 1634. The currently developed movement path can also be a fractal path. This path is twice the size of the previous fractal.
Hi Sir. Interesting analysis. Could you give me some insight into what a fractal is? I've never heard that term before and never seen it used to analyse. Any information is greatly appreciated.
Thanks
Teoman Atik
Thanks
Teoman Atik