- Trip broke daily down channel
- Likely to rise to resistance level 14.50
Trip recently broke the resistance trendline of the daily down channel from the start of May (inside which the price has been falling in the last few weeks).
The breakout of this down channel accelerated the active short-term corrective wave (ii) – which is part of the downward impulse wave C from last month.
Trip can be expected to rise to the next resistance level 14.50 (which reversed the previous waves ii and (2) at the start of June).
- Likely to rise to resistance level 14.50
Trip recently broke the resistance trendline of the daily down channel from the start of May (inside which the price has been falling in the last few weeks).
The breakout of this down channel accelerated the active short-term corrective wave (ii) – which is part of the downward impulse wave C from last month.
Trip can be expected to rise to the next resistance level 14.50 (which reversed the previous waves ii and (2) at the start of June).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.