we are currently finishing the 4rd Elliot Wave impulse. The 5th one should take us to 36,45 price level which is a Fibo extension 1.27 of the last March-July bullish impulse.
we have a nice support levels at 15,45 and 13,45. I believe we will shortly retest the lower line of the triangle pattern and after that head south into the support levels.
S2 level will be a perfect entry point cause not only it gives a great Risk/Reward Ratio: 21 ! but it is a structural price level that will act as a strong support. What is more it converges with the 61.8 Fibo retracement level for the last major bullish impulse.
we have good fundamentals. XTB is the Largest Polish Forex Broker. They experienced a big influx of customers in the 2Q 2020 (over 30 k new accounts). Stable cost structure. High profit margins. Increasing profits since 2018.
Incoming US presidential election on the 3rd of November will bring to the company some extra profits due to the increased interest in the markets and additional customers influx. Higher volatility in the upcoming months also should be a factor boosting profits.
28. How to Cope With Pressure | José Mourinho Mindset Course
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29. How to Prepare for Success | José Mourinho Mindset Course
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