The Trust Layer for Market Analysts

The analysis focuses on SUIUSD, predicting a five-wave move to the upside within a wave two corrective structure. The analyst identifies the current movement as part of an internal third wave. Support areas are being respected, indicating bullish momentum in the short term. A potential deep retracement to 3.26 might be tested. The analyst highlights a diagonal pattern in which the analyst determines that for a full confirmation of five waves up the price must reach 3.80. The probabilities for a bearish scenario are reducing but it is still too early to confirm a long position. The analysis also suggest that for the long position SUI need to break above the blue trend channel and for the next 24 to 48 hours.