Corrective wave 4 (A-B-C zigzag) has fulfilled its down movement with over 100% fib extension; just touching 1.18 fib. We have ended with a nice doji which is a buy signal. Looking left we have consolidation inside the blue box, I'd not be surprised if price enters in here. Look for a bullish pattern before jumping in or buy and keep stops tight. We don't want price to go below $34928 to keep this interpretation.
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.