๐ถ๐ตPost is a direct continuation of the last post
๐ถ๐ตTaking a closer look, we are in an interesting place to reach the 1:1 level set by the last largest downward wave.
๐ถ๐ตI determined the resistance zone based on the cluster of levels of 0.236 of the upward impulse and 0.618 of the entire downward wave.
๐ถ๐ตI determined the support zone based on the cluster of the 1:1 level of the entire downward wave and the outer level of 1.272 of the entire upward wave.
๐ถ๐ตThe scenario I am playing out is a decline to reach the support level I have set
๐ถ๐ต*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
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