At the moment we are seeing an upward movement on our chart after the price has reached the 1.2830 mark. At the moment, the technical indicators point to a purchase and the price is directed upwards.
We believe that now is a good time to take long positions and from the point of view of the Elliott wave theory, the 3rd wave is starting now and it should reach and overcome the local maximum at the 1.2990 level. Therefore, we advise you to take long positions in a pair and set your take profit near the level of 1.2990.
We believe that now is a good time to take long positions and from the point of view of the Elliott wave theory, the 3rd wave is starting now and it should reach and overcome the local maximum at the 1.2990 level. Therefore, we advise you to take long positions in a pair and set your take profit near the level of 1.2990.