1. main scenario is retrace to $2200 then go upward to $2600.
2. if it holds $2350(current TL), it is possible to see straight up to $2600
My feeling is the former as stochastics/PMO/MACD are all going downward so healthy pullback is due.
2. if it holds $2350(current TL), it is possible to see straight up to $2600
My feeling is the former as stochastics/PMO/MACD are all going downward so healthy pullback is due.
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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.