Topic :
We expect a correction due to the price hitting the support of 67785 using a powerful and heavy drop that has also caused the downside channel to break
1 - The first point to return to the price area is 69433 due to the presence of a node in the movement and the previous collision of the price to this area, and we expect the price to return to a node in the technical analysis.
2 - On the other hand, this node is at the level of 0.382 downward trend of AD wave
3 - On the other hand, this area is the intersection point of the downtrend line with a level of 0.382
4 - On the other hand, this point is also at the level of 0.5 CD wave, and this increases the importance of this area for us.
Note: This analysis is for training purposes only
Please send us your comments
We expect a correction due to the price hitting the support of 67785 using a powerful and heavy drop that has also caused the downside channel to break
1 - The first point to return to the price area is 69433 due to the presence of a node in the movement and the previous collision of the price to this area, and we expect the price to return to a node in the technical analysis.
2 - On the other hand, this node is at the level of 0.382 downward trend of AD wave
3 - On the other hand, this area is the intersection point of the downtrend line with a level of 0.382
4 - On the other hand, this point is also at the level of 0.5 CD wave, and this increases the importance of this area for us.
Note: This analysis is for training purposes only
Please send us your comments