Hey, this is a EW analysis ! Not a financial advice just my trading plan and overview :)
Note
Ok, so for now im "waiting" to see if we did complet wave 1 to wave 2, FIB retracement are good so far for wave 2 with a hit to the 32.8% FIB. Meanwhile i can still see a a good bounce off the 200EMA ( 4H TF ) that could confirm the end of the wave 1 and head for the wave 2 ( same yellow target ase above in the graphic ( more or less )). If we do brake the 200ema (4h) and hold under W1 and W2 are completed and we can very lickly look at the W3 target :) I will do abit of update on this graphic !
I can be wrong too, good luck and good trade :)
Note
Perfect touch on the 200EMA ( 4h TF ) get rdy for some actionNote
Good bounce to day, target 286 shorted got filled. So far the count down is looking good, waiting for some confirmation and i will update a new share ! Stay safe and good luck :)
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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.