With the activation of our pink structure, the market now has the legitimacy to extend further towards the $1,000 level. However, it’s likely that we will see a short-term correction into our blue OCL (Overall Correction Level) first, gaining momentum from there to move upward.
It remains to be seen whether our resistance line will push the market significantly downward once more or if we can break through directly.
It remains to be seen whether our resistance line will push the market significantly downward once more or if we can break through directly.
Here, I share my market outlooks, highlighting key levels and directions I'm watching. This isn't financial advice—just my perspective. Don't follow blindly; always do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Here, I share my market outlooks, highlighting key levels and directions I'm watching. This isn't financial advice—just my perspective. Don't follow blindly; always do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.