Hi Traders,
I'm forecasting a long setup that will rally past the current high of 2075, and perhaps reach the 2100 level.
If price hits our invalidation level, it simply indicates that this current wave down is not yet complete (it may end in a diagonal).
Consolidation at current levels will confirm a long entry.
Trade with caution and enter will small sizes.
Regards
Wave Theorist
I'm forecasting a long setup that will rally past the current high of 2075, and perhaps reach the 2100 level.
If price hits our invalidation level, it simply indicates that this current wave down is not yet complete (it may end in a diagonal).
Consolidation at current levels will confirm a long entry.
Trade with caution and enter will small sizes.
Regards
Wave Theorist
Note
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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.