W1 - Bearish cycle is near its end. We have bullish divergence and false break.
D1 - Special cycle is near its end, bearish divergence has formed. Currently we have double waves to follow.
H4 - False break of trendline. No breakout of last high yet.
Measuring the first wave we could see a possibility of a push down also bullish divergence is forming. So we may expect the price to go deeper and then to push up.
This setup is valid until the last low at 35.46 holds, false breaks can be neglected.
D1 - Special cycle is near its end, bearish divergence has formed. Currently we have double waves to follow.
H4 - False break of trendline. No breakout of last high yet.
Measuring the first wave we could see a possibility of a push down also bullish divergence is forming. So we may expect the price to go deeper and then to push up.
This setup is valid until the last low at 35.46 holds, false breaks can be neglected.