Strong buying reaction that occurred following the correction on the compressed fiboclouds, although not fully aligned yet, suggests increased probability that the move will extend towards the first target.
A possible extension of this move towards the second target depends on the full alignment of the fibs.
Best buy on a possible correction near the 45400 line
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.