I'm longing @ approximately 9.71 with a long term target of at least 13.00
Tight stops.
Arguments:
1. Expanding diagonal identified (zoom out).
2. fib relations are respected in individual ABC waves.
3. 5th bearish Elliott wave withing wave C soon completed. (minor EW 1-5 as shown on chart)
4. Bullish divergence noted on the RSI charts
5. Volume and price action showing oversold status
6. MACD 4HR chart is showing promising signs of a reversal point approaching.
7. GAPS above need to get filled. (92% of all gaps in the markets get filled)
Tight stops.
Arguments:
1. Expanding diagonal identified (zoom out).
2. fib relations are respected in individual ABC waves.
3. 5th bearish Elliott wave withing wave C soon completed. (minor EW 1-5 as shown on chart)
4. Bullish divergence noted on the RSI charts
5. Volume and price action showing oversold status
6. MACD 4HR chart is showing promising signs of a reversal point approaching.
7. GAPS above need to get filled. (92% of all gaps in the markets get filled)
Nota
approaching target.refining target to approx 9.60
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.