There is a strong volume that entered the candles with a bearish test near the bottom, and this makes it possible for another strong rising wave to remain, and the data was shown on the chart.. Good luck.
From the data shown on the chart, there is wave 1 and wave 2. They have been completed and now it is preparing to launch into wave 3, which is to break the peak and retest it again, and all the data is shown on the chart. Note: The analysis fails if the price closes below the bottom of wave two, area 0.4156
It is clear that gold does not recognize the laws in this chart against the Turkish lira..Wave one and wave two have been made, and wave three is about to be completed, and because the chart is a monthly frame, the wave will take several months and will reach area 55000 A as an area, not a number, including a market that begins a long correction, wave four, and...
It is clear that gold has a strong rally coming and records a higher low than a low, and this is one of the signs of the expected strong rise.. All data on the chart Note: The analysis fails if the price closes below a numbering area 2
According to Elliott's analysis, there is a final upward wave remaining, and thus there will be three historical corrective upward waves, A, B and C, from which the drain begins to fall again near its historical bottom. Let us see
900 days of movement in a sideways direction after three upward waves, and this indicates that it is in a continuous consolidation phase, and when it comes to breaking it (and I think it is close because it has been going for approximately two and a half years in a consolidation direction), it will rise strongly upward and the break will be retested, and from...
It is possible that there will be a strong downward wave remaining once again Note: The analysis fails if it closes over an area 0.0000155 usdt
From the data shown on the chart, we find that the rapid and strong rise that occurred in the previous days was to complete an extended flat, and it is expected to fall again to create a new historical low. All data is shown on the drawing
The price fell from the historical peak in the form of three bearish waves, and this gives us that the decline may have ended, but it appeared after that that the price was going sideways for a long time, and this gives us another and stronger possibility that the price is working a large side wave, draining a willingness to descend in a third, final big...
There is strong support below, and high volume candles have appeared, and it is clear that there is another rising wave that is still missing, and that we will visit this area.
I see that the downward wave has ended and there is new data that has emerged that supports the rise further The data was shown on the chart. Good luck
I see that the bottom has been retested and a strong volume has appeared in the current candles. This indicates that there is another upward wave that is still incomplete and all the data is on the chart.. Good luck.
It is clear that it is walking in a transverse direction for a long period, and this transverse direction came after a large discharge, and this indicates that the transverse direction is also for discharge and not for aggregation, and another severe decline is expected for it to end its downward cycle
It is possible that we are in a downward wave 4, and it has been moving horizontally for a long time, and all of this is a drain for the next drop in the shaded area. Note.. The scenario fails if it closes higher than the area 9.7 usdt
There is nothing new in my previous analysis and my point of view is from Dec 22, 2022 and the same negative view remains for me that this currency is heading to the shaded area below.. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of...
Five downward waves, wave A, were created, then three corrective waves, wave B. We are waiting for another five downward waves, wave C, and thus the historical decline of the currency ends.
It is expected to drop to the first shaded area, from which we will see whether it is satisfied or wants to fall to the second shaded area as a second support
It made a large downward wave A, then made three occasional waves B, and began to show signs of weakness, and then another five large downward waves, C, began to fall.