Becoming more likely to stay within the trading range. The formation of the pattern suggests that we have 2 more waves remaining which should take us to the bottom of the trading range (approx 350pips away).
However i could be wrong and we could stop short of that, in the current reversal zone (where the A leg completed) for a bounce and continued uptrend.
However there's a lot of indecision at the moment and the trading range is looking likely at this stage in my opinion.
However i could be wrong and we could stop short of that, in the current reversal zone (where the A leg completed) for a bounce and continued uptrend.
However there's a lot of indecision at the moment and the trading range is looking likely at this stage in my opinion.
Nota
Safe Target: 1687.50Price CAN still bounce up as we haven't closed below far enough on the 1 hour and 4 hour. If so, then BUY. Otherwise hold that short and minimize your risk SAFELY.
Goodnight friends,
Nota
Hold Short until targetNota
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.