The support of 11.79 and waiting for the return until the dynamic trigger, and if confirmed, it will return, entered the short position.
Possible path of movement. In the current region, if it rises to the region of 1.68, it will return with confirmation and enter the short position until the region of 1.02.
According to the previous analysis and the current movement path, it can correct up to the midline of the channel and again have a rising guard up to the top of the channel.
A full cycle has been completed, and after exiting the pattern and pullback, it enters the sell position.
Matic currency is completing a symmetric AB=CD pattern, which seems to be the end of the 2nd corrective wave and can complete the 3rd rising wave trend. The level of invalidity of wave bottom analysis is one
In the 1.37732 range at one timeframe, you enter the shorts to the demand.
Analysis invalidity level: 145.57 Target range of wave 3: 132.795
Scalp 1.089 range for a bearish target of 1.086 in the 5-minute time frame
The pound to yen currency pair is completing a big (B) wave. In the future, we should (C) a bigger corrective wave. Invalidity level 166.20
The level of 0.3369 to 0.3418 is valid as support for the continuation of the pattern.
The invalidity level of the analysis of a bearish wave is 1.22650 for the specified targets.
#Timeframe: Weekly Following the previous analysis in the weekly time, it seems that an AB=CD pattern is completing. Therefore, I expect that it will not rise above 1963, while it is also channelized, and in the future, we should wait for gold to fall. Of course, the confirmation candle has not yet been registered in the weekly time, so we can still wait for the...
Waiting for the reversal confirmation in the specified 0.3173 area for a long position to the specified range.
It is pulling back into a broken descending channel. After confirmation and floor preparation, it is possible to enter into the transaction for the long position. The scenario is the probability of failure of the previously specified supply area.
Matic can grow a three-wave up to the 1.50 area and then continue to correct up to the 70-cent range.