Looks like the Ending Diagonal pattern is complete and the market is set for a sharp fall to 3664 level, even if the pattern is continuing the trend remains to the downside for positional traders.
Nota
1H : Fast down move just as expected, shorts must hold position for more downside by trailing their SL in profits : Trade fechado: objetivo atingido
1H : Picture perfect : Precisely reversing from the mentioned target level : Nota
More downside can be seen, however for that we will wait for the next opportunity to show up.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.