1. Price candle break out MA 200 on 26 July '23 and BO the DTL thus give strong signal the price movement may change direction to bullish soon.
2. Price candle not yet testing MA 200. Expected the price will PB to MA 200 and shake out weak retailer at the same time form a support.
3. GC (Golden Cross) MA 50 & MA 20 not yet happen above MA 200 thus expect the current price will PB to MA 200 and re-align again to form GC above MA 200.
4. Price candle and MA 200+MA 50+MA 20 not yet align.
5. Price candle need to BO immediate resistance (0.495-0.505) first then we can see more clear the 1st EP.
6. Right now, price candle formed a Doji star candle and this show signs of reversal. Price may PB to MA 200 to form a new support and re-align again for GC above MA 200. After this happen will give possibilities on 1st EP once the price BO and closed above CMT. EW count analysis includes in this TA together with sub wave count.