Idea is based on a combination of Elliot wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific target and stop loss.
These red circles are validation points for yet another larger gray slope corresponding with a larger EW impulse wave
Fxentourage.
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nice but TL has broken be carefull
NQunlocked
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TL?
Fxentourage.
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Yes support trend line has broken last day
NQunlocked
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Oh I see, yes I don't expect a fast rise!, We are still in a downtrend, But I think now a consolidation period will start and after it new highs will be reached, if my count is right at least...
Fxentourage.
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A/C to me AJ will face 93-2
NQunlocked
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a/c to me AJ will reach the 100!! Here is the bigger picture