Based on the previous analysis, after hitting the sell target, the price made an upward correction.
Right now, it’s unclear whether we’re seeing the beginning of a trend reversal to the upside, or if the price is going to drop back below the zone, giving us another short opportunity.
If it does drop again, there’s a possibility it could fall as far as 3000.
We need to be patient and let the market show its hand — then we can respond accordingly.
Right now, it’s unclear whether we’re seeing the beginning of a trend reversal to the upside, or if the price is going to drop back below the zone, giving us another short opportunity.
If it does drop again, there’s a possibility it could fall as far as 3000.
We need to be patient and let the market show its hand — then we can respond accordingly.
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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.
Related publications
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.