๐กDETAILS ABOUT THE PRICE MOVEMENT ON THE WEEKLY CHART๐ก
๐ปThe February bottom(1.3778) is W_1
๐ปThe March top (1.4005) is W_2
๐ปThe March bottom(1.3670) is W_3
๐ปThe April first top(1.3918) is W_4
๐ปThe April bottom(1.3669) is W_5=A/C
->What's next?
Scenario1(BULLISH)
If the April bottom(1.3669) is W_5=C, 1.4242 must be broken with 5 waves.
Scenario2(BEARISH)
If the April bottom(1.3669) is W_5=A, 1.4242 mustn't be broken.
Honestly I have no idea which scenario is correct.
The chart will tell.
PLEASE DO NOT FORGET TO LIKE๐๐ป AND FOLLOW ME! THANK YOU ๐
HAVE A NICE WEEKEND!!
๐ปThe February bottom(1.3778) is W_1
๐ปThe March top (1.4005) is W_2
๐ปThe March bottom(1.3670) is W_3
๐ปThe April first top(1.3918) is W_4
๐ปThe April bottom(1.3669) is W_5=A/C
->What's next?
Scenario1(BULLISH)
If the April bottom(1.3669) is W_5=C, 1.4242 must be broken with 5 waves.
Scenario2(BEARISH)
If the April bottom(1.3669) is W_5=A, 1.4242 mustn't be broken.
Honestly I have no idea which scenario is correct.
The chart will tell.
PLEASE DO NOT FORGET TO LIKE๐๐ป AND FOLLOW ME! THANK YOU ๐
HAVE A NICE WEEKEND!!