See link below for previous analysis.
Fives waves can be counted from 32381 to 11036 cps for wave [c] of the zigzag.
The bounce from 11036 has not yet unfolded in five waves to give me strong conviction but it was preceded by MACD/price bullish convergence; I am neutral to bullish at this early stage.
11036 is the key invalidation level.
Fives waves can be counted from 32381 to 11036 cps for wave [c] of the zigzag.
The bounce from 11036 has not yet unfolded in five waves to give me strong conviction but it was preceded by MACD/price bullish convergence; I am neutral to bullish at this early stage.
11036 is the key invalidation level.
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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.