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On the weekly chart note two trends in the direction (Line1) and (Line2). The main question that is (Line2) in relation to (Line1). This
question is answered indicator MACD. Selected area ellipse indicates a completed at this point of wave 3. (Line1) fully completed in relation to wave and wave (Line2) is the beginning of the corrective movement in relation to the trend (Line1).
1.- Weekly Chart
On the daily chart of the currency pair Fib extension gives background to assert the expected growth…
question is answered indicator MACD. Selected area ellipse indicates a completed at this point of wave 3. (Line1) fully completed in relation to wave and wave (Line2) is the beginning of the corrective movement in relation to the trend (Line1).
1.- Weekly Chart
On the daily chart of the currency pair Fib extension gives background to assert the expected growth…