looking at the existing market structure, the market may form a-b-c correction pattern with the possibility that wave B will approach the SnD area before falling again.
if you look at the fibo retracement area, there is an SnD area that intersects with the fibo area with pretty good accuracy at notation 2.618. areas like this usually in the future will be responded positively by the price.
This analysis is valid as long as the price does not rise more than the invalid area.
if you look at the fibo retracement area, there is an SnD area that intersects with the fibo area with pretty good accuracy at notation 2.618. areas like this usually in the future will be responded positively by the price.
This analysis is valid as long as the price does not rise more than the invalid area.
