FxPro - Analytics


761.75 6.25/10
83% of positive reviews

UPS Wave Analysis – 21 October, 2021

UPS Wave Analysis – 21 October, 2021

• UPS broke two down channels

• Likely to rise to resistance level 198.90                                                                  

UPS continues to rise after the price broke two nearly parallel downward price channels from July and Septembers.

The breakout of these price channels accelerated the active impulse wave 5 which belongs to the higher-level impulse wave (C) from the start of October.

UPS can be expected to rise further toward the next resistance level 198.90 (which stopped the previous waves (ii) and ii).

UPS Wave Analysis – 21 October, 2021

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree