We are still in an ascending channel which is directing price to HHs and HLs, Therefore we think price can go higher from this area.
Reasons:
Reasons:
- Pullback of previous wave had done up to FIBO 68%.
- We are in ascending channel.
- We are in range market and top of this range is 41K area
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.
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.