Hello everybody,
considering the market situation that recently can make a new short position. the price touched yesterday the Fib retracement line and also resistance movement line. Despite the price has gone above R1, I expect a pull back with respect to the Eliott pattern towards € 1470 and then it will continue its growth. we will see how the situation goes and after that I will also publish long position on the appropriate price.
Cheers
considering the market situation that recently can make a new short position. the price touched yesterday the Fib retracement line and also resistance movement line. Despite the price has gone above R1, I expect a pull back with respect to the Eliott pattern towards € 1470 and then it will continue its growth. we will see how the situation goes and after that I will also publish long position on the appropriate price.
Cheers
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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.