we reached the short time target on friday
now for long term we have 2 scenario in eliot waves
WXY OR ABC
IN WXY : it means our correction wave is finished in 1302 and uptrend started
IN ABC : our correction wave will be finished in the range of 1295 - 1279 and this range is buy zone for long term ( target = 1376-1390-1422 )
at least from 1302 or 1295 - 1279 we have new bullish wave for 1390 ( as wave 5 of 5 of A OR 1 in weekly time)
now for long term we have 2 scenario in eliot waves
WXY OR ABC
IN WXY : it means our correction wave is finished in 1302 and uptrend started
IN ABC : our correction wave will be finished in the range of 1295 - 1279 and this range is buy zone for long term ( target = 1376-1390-1422 )
at least from 1302 or 1295 - 1279 we have new bullish wave for 1390 ( as wave 5 of 5 of A OR 1 in weekly time)
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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.