ghalkhany

ghalkhany

If we consider Elliott waves and Fibonacci expansion together, the minimum expectation for the completion of Elliott wave 5 is 1670$.

ghalkhany

Price is trapped between support and resistance. According to the main support of 1.038, it seems that a good liquidity is being formed. In this case, the likely scenario is to take the price from this support to the major resistance of 1.06.

ghalkhany

We are probably approaching the BOS trend line. We will wait for confirmation candle.

ghalkhany

After the end of wave (5) Elliott, we had the correction waves. Most likely, wave (C) will climb to the end of wave (4) and then we will have a rest.

ghalkhany

guys watch out for this level its going to break resistance level.