Long declining trend Turned around RSI and OBV divergence
Strong resistance point. Long position now? Careful trading.
The last stage Finish 1.2555? RSI: 50% resistance.
Triangle (III. - IV) out, and re test now. Go to 5 wave. Finish 55-60 euro.
Full 5 waves. Profit level: "C" wave - 40 dollar.
Profit level Fibo 38,2 Profit level Fibo 50% Profit level Fibo 61,8
Extended 5 wave Profit level Fibo 61,8% ✅ Look at the previous post ⤵️
Profit level Fibo 61,8% Profit level Fibo 50% Look at the previous post ⤵️
Profit level Fibo 61,8% ✅ Profit level Fibo 50% ❌ Look at the previous post ⤵️
Extended 5 wave Small wedge, intense movement ✅ Profit level Fibo 61,8% ✅ Profit level Fibo 50% ✅ Look at the previous post ⤵️
Profit level: ❌ SL: ✅ Look at the previous post ⤵️
Extended 5 wave - Fibo 161,8% ✅ Small wedge, intense movement ✅ Profit level Fibo 61,8% ✅ Profit level Fibo 50% ✅ The most common reversal pattern is the rising wedge, which typically occurs at the end of a trend. Rising wedges , as the name implies, slopes upwards, and they eventually break to the downside.
Profit level Fibo 61,8% ✅ Profit level Fibo 50% ✅ Look at the previous post ⤵️
Extended 5 wave - Fibo 161,8% ✅ Small wedge, intense movement ✅ Profit level: Fibo 61,8% Profit level: Fibo 50%
Extended 5 wave - Fibo 161,8% ✅ Small wedge, intense movement ✅ Two target price ✅
Correction wave, Fibo (classic) 61,8% ✅ First target ✅ ROI 11,14% ✅ Look at the earlier picture ➡️ 01. Picture in front - Big fall - USDJPY ⤵️ Real trades!!
Extended 5 wave, Fibo 161,8% ✅ Large wedge, intensive “e” phase ✅ Three target prices ↘️↘️↘️