https://www.tradingview.com/x/2guubSzz/
Hello Trader,
The technical analysis using Elliott Wave theory, it seems a potential 3-3 wave structure in progress or nearing completion and possible implications for trading the XXXUSD instrument.
As of now, if the 3-3 wave pattern is indeed unfolding, it suggests that the market is in a corrective phase, which could precede a more significant upward movement.
As you monitor how the 3-3 wave structure plays out, keep an eye on market signals that could indicate a shift towards a bullish phase in XXXUSD. Proper analysis and sound risk management strategies will be key in capturing any potential trading opportunities.
Lets see how it play out
Trader Kuching 24