We should see price go down to 3500 before going up again.
The invalidation level is at the last low, 3120.
If it breaks, we'll see even lower prices.
For now, wait for correction to end near the 61.8% retracement and then start buying up to 4500 as first target.
The invalidation level is at the last low, 3120.
If it breaks, we'll see even lower prices.
For now, wait for correction to end near the 61.8% retracement and then start buying up to 4500 as first target.
Note
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Note
Price is now at the ideal buy zone, you can go long now without any regrets !If the bottom is in, this trade might make our year.
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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.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
Related publications
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.