Analysis uses Wolve waves on 1 hour timeframe
Joining point 1 and 3 along the trend expect Wave 5 to cross at 11679 and reverse above at 11700-11750.
Could reverse to a lower target during reversal over subsequent weeks.
Joining point 1 and 3 along the trend expect Wave 5 to cross at 11679 and reverse above at 11700-11750.
Could reverse to a lower target during reversal over subsequent weeks.
Note
To Watch - Expect reversal at around 11730 fib level.Order cancelled
Wave 5 didnt form. Trade position cancelled. Upmove didnt happen.
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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.
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.