This is the weekly chart. It’s much cleaner compared to the daily chart. Nevertheless, always use MTF to see the magic.
From my previous ideas, I’ve mentioned that some of the target are met. We are now waiting for a reversal. So if there is no reversal bar in the next couple of days...
Then...
We’re looking for the market to continue higher. As of now, there is no sell signal yet.
Now on the upside it’s showing us that it’s heading somewhere... where? Look at the numbers you’d be able to see a few target.
Patience and precision would get you the much need bonus in the Covid 19 period.
What will trigger the next possible drop?
No one knows but what we know is that the calculation works, we’re ahead of any news.
For now be safe from anywhere you are in the world.
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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.