The consolidation is still in full swing!
1. On the one hand we have the danger of the big bearish flag. (red 1-2-3 counting)
Thats my exspected szenario. The consolidation can go further till the maximal correction level (62,8 fibo) @ round about 10650. At the latest the market should turn again bearish at that level, The TP of the bearish flag is @ 8600. It also could be, that we have seen the high today.
2. On the other hand we have a newborn shortterm uptrend (green counting). If the market can pass the resistance level @ 10.360 a new "2?" can be exspected.
When the market will reach this level, nr. 1 is valid again :-)
1. On the one hand we have the danger of the big bearish flag. (red 1-2-3 counting)
Thats my exspected szenario. The consolidation can go further till the maximal correction level (62,8 fibo) @ round about 10650. At the latest the market should turn again bearish at that level, The TP of the bearish flag is @ 8600. It also could be, that we have seen the high today.
2. On the other hand we have a newborn shortterm uptrend (green counting). If the market can pass the resistance level @ 10.360 a new "2?" can be exspected.
When the market will reach this level, nr. 1 is valid again :-)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.