So far it seems the measured move AB=CD is doing its job.
Price was held back by point B for a while but now it broke and price goes up again it seems.
Short term key level here is 50% of AD wich is 13493.5
This level is the first target of this revalsal pattern
if we can break that short term key we can expect a new attack for the longer term key 14070
Price was held back by point B for a while but now it broke and price goes up again it seems.
Short term key level here is 50% of AD wich is 13493.5
This level is the first target of this revalsal pattern
if we can break that short term key we can expect a new attack for the longer term key 14070
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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.