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Japanese Yen = US Dollar
The price trend started at $0.006580 (void) which was an impulse pattern and reached the high price of $0.007855 which was completed which is labeled wave 1 or A.
The first possibility: the starting price of $0.007855, which wave A is an impulse pattern and wave B is a zigzag pattern, and in wave C it can be another impulse pattern that completes the zigzag pattern of the larger degree 2 or B, in the continuation of the bull market.
The second possibility: Wave B is not yet completed and the probability of the structure (sideways or flat) after crossing the market price of $0.007259 will quickly return to around $0.007711 (between 61.8 and 78.6%) and once again this to test the price level.
It will then follow a bear market to complete the zigzag pattern.
Hope you enjoy the ideas, and good luck!
Japanese Yen = US Dollar
The price trend started at $0.006580 (void) which was an impulse pattern and reached the high price of $0.007855 which was completed which is labeled wave 1 or A.
The first possibility: the starting price of $0.007855, which wave A is an impulse pattern and wave B is a zigzag pattern, and in wave C it can be another impulse pattern that completes the zigzag pattern of the larger degree 2 or B, in the continuation of the bull market.
The second possibility: Wave B is not yet completed and the probability of the structure (sideways or flat) after crossing the market price of $0.007259 will quickly return to around $0.007711 (between 61.8 and 78.6%) and once again this to test the price level.
It will then follow a bear market to complete the zigzag pattern.
Hope you enjoy the ideas, and good luck!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.