Here we can see a new impulse wave with great demand zone. We expect to see retracement to the demand zone and from there to see new bullish impulse. The zone is between 145 -162. The movement we expect is to the last high and it is about 31%. The indicators are near the oversold levels, which is pretty good.
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.