we have a short-term reversal pattern showing a possible calculated price projection of $160 to $164 - mid-point $162, and interestingly $162 was both a key support & resistance level in the prior down move.
my thought, this is valid for next couple of trading days only, the mid-to-long-term / prevailing sentiment is still down. expecting any long move to be short-lived, for now.
Let's see how accurate our calculation is.
stay safe!
my thought, this is valid for next couple of trading days only, the mid-to-long-term / prevailing sentiment is still down. expecting any long move to be short-lived, for now.
Let's see how accurate our calculation is.
stay safe!
Note
price projection hit. calculation was good 🎯now expecting a quick wave down.
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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.