According to the wave count in the previous analysis, it is expected that the specified ranges can support the continuation of the uptrend.
It is currently seen that the last candle has broken its first support range (Ret 38.2). Now we have to wait and see how the daily candle will close, below or above it?
If it returns above the 38.2 range, there is a possibility that the correction will be completed, otherwise the correction can continue up to the 61.8 range.
It is currently seen that the last candle has broken its first support range (Ret 38.2). Now we have to wait and see how the daily candle will close, below or above it?
If it returns above the 38.2 range, there is a possibility that the correction will be completed, otherwise the correction can continue up to the 61.8 range.
