๐กDETAILS ABOUT THE PRICE MOVEMENT ON THE WEEKLY CHART๐ก
โ The February bottom(1.3778) is 1
โ The March top (1.4005) is 2
โ The March bottom(1.3670) is 3
โ The April first top(1.3918) is 4
โ The April bottom(1.3669) is 5=A/C
โ The April second top(1.4009) is B/1
โ The May bottom(1.3801) is 1/2
->What's next?
Scenario1(BULLISH)
If the April bottom(1.3669) is C, 1.4242 must be broken with 5 waves.
Scenario2(BEARISH)
If the April bottom(1.3669) is A, 1.4242 mustn't be broken.
As long as the support line remains unbroken, bullish looks better as of now.
PLEASE DO NOT FORGET TO LIKE๐๐ป AND FOLLOW ME! THANK YOU ๐
HAVE A NICE WEEKEND!!
โ The February bottom(1.3778) is 1
โ The March top (1.4005) is 2
โ The March bottom(1.3670) is 3
โ The April first top(1.3918) is 4
โ The April bottom(1.3669) is 5=A/C
โ The April second top(1.4009) is B/1
โ The May bottom(1.3801) is 1/2
->What's next?
Scenario1(BULLISH)
If the April bottom(1.3669) is C, 1.4242 must be broken with 5 waves.
Scenario2(BEARISH)
If the April bottom(1.3669) is A, 1.4242 mustn't be broken.
As long as the support line remains unbroken, bullish looks better as of now.
PLEASE DO NOT FORGET TO LIKE๐๐ป AND FOLLOW ME! THANK YOU ๐
HAVE A NICE WEEKEND!!