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According to the daily chart a pullback is possible at the beginning of the week and if it holds above 1.43,35 the growth will continue. Below 1.43, the correction might fall below 1.41. I suppose selling is possible below 1.41, with targets at 1.40, 1.39. Buying is difficult to consider from the current levels. May try to buy on a pullback, or after the continuation of the growth already above 1.4335 targets will be 1.44,30 1.4535, further to 1.50
Sorry, German only vocabulary orally....))))
Only downwards. If I read the traces correctly on the chart, the correction has ended as a flat, i.e. not deep and down will go with renewed vigour.
Yes, I too am looking at a downward move towards 1.39 on the chart. But with a breakdown of 1.4075 and a fixation below 1.4075-1.4050.
With all due respect, but I look at the market differently. For me support-resistance does not exist. There is, the structure of the wave (traces), if, correctly read, i.e. to put the traces-letters drawn by the price into syllables, you can read the words UP-DOWN....))))
Only downwards. If I read the traces correctly on the chart, the correction has ended as a flat, i.e. not deep and down will go with renewed vigour.
Michael, if you don't mind - overlay your comment on my drawing. Which correction?
Michael, if it is not difficult - put your commentary on my chart. Which correction?
Hello! Where is the promised discussion of the indicator....)))) Long you have the holidays....))))
On different TFs, it looks different. Therefore, a lot of charts.
Of course IMHO....))))) Could have lied....)))))
Thank you.
As usual, it's different, but very similar.