you can see the channel that have strong R and S in up and down.
The three points on the chart are marked with squares which are the best shopping points .
That is, after the price returns and at the time of failure of resistance and support.
The target is the canal roof, which is marked with a green rectangle.
Enter as a step, observing the Stop limit of...
Down trend
Only 2 consecutive trends are down,
starting with the Primary wave degree, interesting for longer term investors, and most conservative targets are already reached. Minimally 2 consecutive trends down are required to go Short.
The more wave degrees get in line and turn down the higher the probabilities.
Two scenarios may occur, identified by numbers 1 and 2, the midline can play the role of support or resistance, which should be seen in the coming days! According to the RSI indicator, which is close to the sell line in the area, the price needs to be corrected, so we should see a price correction in the end.
