Correction Has Begun
We have done the correction of the rise since August.
But this shall not mean a renewal uf the rise. Instead we have to look at the weekly chart to see that we have just corrected this retracement as well.
Thus I assume that we are still within a longer downward correction that begun in December and has still sufficient space to fill on the downside.
But this shall not mean a renewal uf the rise. Instead we have to look at the weekly chart to see that we have just corrected this retracement as well.
Thus I assume that we are still within a longer downward correction that begun in December and has still sufficient space to fill on the downside.
Trade closed: target reached
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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.