Rejection at local POC
If a rejection from this local range is confirmed, I anticipate a retracement to the 0.618/65 Fibonacci level before a potential new upward move.
Enter at the SFP (Swing failer pattern) of the POC (Point of Control), with stop-losses placed below the wick.
I'm observing a slight bearish indication on the CVD (Cumulative Volume Distribution). However, this bearish signal could be invalidated if a significant upward move occurs and surpasses the 57,150 level.
Enter at the SFP (Swing failer pattern) of the POC (Point of Control), with stop-losses placed below the wick.
I'm observing a slight bearish indication on the CVD (Cumulative Volume Distribution). However, this bearish signal could be invalidated if a significant upward move occurs and surpasses the 57,150 level.
Order cancelled
Invalidated ideia. abc correction of the 3 wave seems to be done. wave 4 to 5 incoming for 59 or 60k.
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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.