Looks like wave ((iv)) found support at the expected zone marked by the 100, 200 EMAs and the 38.2 Fib level.
So the chance for a continuation higher are increasing.
Buy now with a stop at 137.1 is not a bad idea as R/R is pretty good.
^Previous post :
So the chance for a continuation higher are increasing.
Buy now with a stop at 137.1 is not a bad idea as R/R is pretty good.
^Previous post :
Note
Alternate count - Note
We got right into the expected zone. Price is now retracing what might potentially be wave ((i)) of higher degree 3,
which means biggest and sharpest move to come after this correction!
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
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.