It has completed five impulsive waves.
While it hits Fibo target at the value of 1.618 in the 0.7805 price area.
Mmm Well, is there a likely drop? .. Yeah!
It touched the previous high, which is a correction of a previous impulsive wave (shown in the picture as a b c ).
We took the FIBO cluster values from the prices: 0.7817 to .7563
And from a high of 0.7782 to a low of 0.7563.
To show areas crowded with support and resistance and reversal areas, the most important of which is the price 0.7653
I think it will land towards it !!
While it hits Fibo target at the value of 1.618 in the 0.7805 price area.
Mmm Well, is there a likely drop? .. Yeah!
It touched the previous high, which is a correction of a previous impulsive wave (shown in the picture as a b c ).
We took the FIBO cluster values from the prices: 0.7817 to .7563
And from a high of 0.7782 to a low of 0.7563.
To show areas crowded with support and resistance and reversal areas, the most important of which is the price 0.7653
I think it will land towards it !!