87 0
The trend is upward.

On the 4-hour chart, the third wave of the higher level 3 of (5) is forming. Now the third wave iii of 3 is developing, within which the wave ( iii ) of iii of the lower level has formed, and the correctional fourth wave (iv) of iii is ending. If the assumption is correct, the pair will grow to the level of 1.3131. The level of 1.2852 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 1.2852 with the target at 1.3131.

Alternative scenario

The breakdown and the consolidation of the price below the level of 1.2852 will let the pair go down to the levels of 1.2808–1.2763.



Timeframe Weekly
Recommendation BUY
Entry Point 1.2890
Take Profit 1.3131
Stop Loss 1.2810
Key Levels 1.2763, 1.2808, 1.2852, 1.3131

Alternative scenario

Recommendation SELL STOP
Entry Point 1.2850
Take Profit 1.2808, 1.2763
Stop Loss 1.2880
Key Levels 1.2763, 1.2808, 1.2852, 1.3131
Register on LiteForex site and get more analysis https://www.liteforex.com/?uid=880952068&cid=12118
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出