Based on today's price movements, it seems like now price has completed forming a LEADING DIAGONAL which is clearly visible in hourly and timeframes below it. This is expected to be followed by a sharp correction to the level of the forth wave of the diagonal which reads at 0.78% Fibonacci. Then after, price is going to rise very fast in formation of the third wave.
Therefore, watch for market to complete a correction expected, then look for possibilities to trade the third wave up it price will confirm around indicated areas.
For any trading opinion, write in a comment section. THANK YOU.
Therefore, watch for market to complete a correction expected, then look for possibilities to trade the third wave up it price will confirm around indicated areas.
For any trading opinion, write in a comment section. THANK YOU.