Classical Elliott Wave structure. Correction in Wave IV is forming W-X-Y structure.
Down trend
Support of parallel lines of downtrend channel
Resistance of key level
Pinbar formation - reversal signal in candlestick analysis.
Idea is very similar to EURUSD, just vice versa
Down trend
Support of parallel lines of downtrend channel
Resistance of key level
Pinbar formation - reversal signal in candlestick analysis.
Idea is very similar to EURUSD, just vice versa
