due to continues observation, we can understand that price is behaving as we predicted before.
if the price could take the EMA 50, there is a possibility to use it as a base and rise and reach the EMA 200 ( green square )
Another and more possible scenario is the price reacts to one of EMA ( 200 or 50 ) as resistance and fall and start a minor sub-wave E. which will complete the major wave C
and if the price will break both two EMA 200 and 50, it means the minor B wave is not complete yet or it's a sign of ascending tren.
all of these all my ideas and everything could happen differently.
Share your opinions with me.
if the price could take the EMA 50, there is a possibility to use it as a base and rise and reach the EMA 200 ( green square )
Another and more possible scenario is the price reacts to one of EMA ( 200 or 50 ) as resistance and fall and start a minor sub-wave E. which will complete the major wave C
and if the price will break both two EMA 200 and 50, it means the minor B wave is not complete yet or it's a sign of ascending tren.
all of these all my ideas and everything could happen differently.
Share your opinions with me.
עסקה פעילה:
the first sign of resisting showed up in lower time frames, u can start selling or wait and let the price make u sure by confirming resistance
הערה:
the scenario is still probable