Hello Traders,
The incident in Saudi completed an expanding correction in our charts and now we are breaking down within the 3rd impulse.
Expect to break 51 / 50 range before any chance of reversal. We may stop some where here in the middle and start to make a consolidation but it will only be a correction. The bigger move will be downwards.
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Thank you
The incident in Saudi completed an expanding correction in our charts and now we are breaking down within the 3rd impulse.
Expect to break 51 / 50 range before any chance of reversal. We may stop some where here in the middle and start to make a consolidation but it will only be a correction. The bigger move will be downwards.
If you enjoyed, please thumbs up and follow for more.
Thank you
Note
Note
Corrective pattern turned into a WXYXZ so wait for this up move to finish and then we will most likely get the down I showed above.
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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.