Currently sitting on a resistance after massive upside move, expecting a retracement to at least 1885 with low probability of dropping even further down.
RRR 6.33 and SL just above current resistance level. RSI also overbought.
Wave analysys also on its wave 3, which further pushes possibility of downside.
Let me know what you guys think.
RRR 6.33 and SL just above current resistance level. RSI also overbought.
Wave analysys also on its wave 3, which further pushes possibility of downside.
Let me know what you guys think.
Note
TP1 Hit, Re-entry still valid.
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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.