I like the confluence zone in the 79 zone for a likely top for wave 'C'.
This means that I will be looking for a last minor impulse higher towards that zone which should result in divergence.
Once the top will be confirmed by means of a bearish impulse and consolidation of lesser degree we can sell the continuation which I expect to break below 69.3
This means that I will be looking for a last minor impulse higher towards that zone which should result in divergence.
Once the top will be confirmed by means of a bearish impulse and consolidation of lesser degree we can sell the continuation which I expect to break below 69.3
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Related publications
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.