I hit final 5° wave target.
I think there will be possibility for a rebound of index until 21k area
Thia area means retest of minor support area (1° wave) and also 0,5 rebound of last long leg
Tomorrow we will have the NFP.. if it will suggest a potential stop of interest rate reduction we can see this short.
I think there will be possibility for a rebound of index until 21k area
Thia area means retest of minor support area (1° wave) and also 0,5 rebound of last long leg
Tomorrow we will have the NFP.. if it will suggest a potential stop of interest rate reduction we can see this short.
Trade active
First target A) Hit... on going wave C potential Target is 21150/21200 and second in 0,5 fibo area Take fix your stop loss.
Note
Strategy for soft landing on targetNote
No soft landing!!The index break the top and create a new High so .. rally is started before fill the empty area on 21200!!
This can be a Bull trap so be attention.
I hope you kept the stop fixed.
Note
finally we have recovery the zone 21000 to cover and fill volume gap.Now we can have the long run in the next week
Trade closed: target reached
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.
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.