In the coming weeks, RHE can start rising. He is currently doing a consolidation move with falling ATR at a stable price, rising 82% from the current level. The target price is 2.23usd. The rise can start from the D1 ATR axis (white line).
The RHE exchange rate will rise by an additional 40% (continued on Nov.19). The first pulse wave arrived to the so-called mirror axis of the inner wave axis. This mirror axis is likely to be a resistance axis later. The exchange rate wave can test this axis.
The current level is 410% increase. The exchange rate is almost immobile, apart from some impulse movements. The movement moves on a reflected wave axis calculated from the ATR distance measured at the fractal points. The wave axis (green line) is obtained by adding the measured D1 ATR distance to the fractal point at the fractal points. This will give you the ATR...
The exchange rate can start building a fractal movement. It is also probable that this will happen if the fractal structure that is being built is twice as large as the preceding fractal. Therefore, the first wave structure is expected to be 0,4090 usd. Then correction. The second wave is expected to increase significantly.