As illustrated, I try to visualize what the next bullish impulse could look like if price holds 3300 as a key psychological and algorithmic price level.
Illustrated are the potential buy areas (a current one and an extended one in case a pullback occurs to manipulate lower levels in the next 24-48 hours).
This projection, if valid, could hold from now until next week, so it can be considered a swing trade to hold at least the next week and into the following one).
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After this post, I will upload another analysis on the Daily timeframe projecting the longer term move, so make sure to go in my profile to check it out.
GOOD LUCK
Illustrated are the potential buy areas (a current one and an extended one in case a pullback occurs to manipulate lower levels in the next 24-48 hours).
This projection, if valid, could hold from now until next week, so it can be considered a swing trade to hold at least the next week and into the following one).
--
After this post, I will upload another analysis on the Daily timeframe projecting the longer term move, so make sure to go in my profile to check it out.
GOOD LUCK
Trade ist aktiv
Strong bounce just shy from 3320, within buy area. Initial signs of confirmation to the upside. I am in this trade with long positions.
Anmerkung
Added long positions at 3311.35Will add more if it continues dropping.
My last range to buy is 3275 - 3290.
My personal stop loss is at 3273.00
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For intraday, these levels might not be pretty; shorting is definitely convenient on the short term with this much pressure to the downside; however, I remain bullish on the long run.
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3275 is where I would be alarmed.
Anmerkung
Targets for this trade:Short term target: 3425/3430
Intraday target: 3480/3685
Swing target: 3640/3645
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.