The trading week ended unsuccessfully for buyers. An attempt to rise was sharply halted, and the price moved downward. It seemed that the new trading week would begin with a continuation of the downward movement....

The price failed to reach the previously designated target of 61.8% on the Fibonacci retracement level. Increased selling pressure pushed the price down, and this decline may mark the start of a prolonged downward impulsive...

The situation with this trading pair does not align well with the previously considered wave scenario, which anticipated the development of a horizontal triangle as wave [b]. Although the targets have been met, there’s no...

The final say last trading week still remained with the sellers. Buyers were unable to sustain their local success, and the price ultimately declined. However, this decline is likely to be corrective in nature. Indications...

The price has not yet reached the previously indicated target of 61.8% on the Fibonacci grid. For this reason, the current decline is viewed as a correction within the forming wave C. In this scenario,...