Hello There,
There is the bullish case in which we bottomed and we are heading higher with a completed sideways combo in the wave 2. Currently we could be starting Wave 3 with a Leading Diagonal in the wave 1.
Probabilities? currently looking at both cases I think the bearish case may have a slight higher probability at the moment to dip in the $1.4 - $1.9 range first before hitting that $10 range.
Either way we have at least one more bullish wave left, so plan according with your holding and risk
GOD BLESS AND TRADE ON
Stay Humble and Hungry
There is the bullish case in which we bottomed and we are heading higher with a completed sideways combo in the wave 2. Currently we could be starting Wave 3 with a Leading Diagonal in the wave 1.
Probabilities? currently looking at both cases I think the bearish case may have a slight higher probability at the moment to dip in the $1.4 - $1.9 range first before hitting that $10 range.
Either way we have at least one more bullish wave left, so plan according with your holding and risk
GOD BLESS AND TRADE ON
Stay Humble and Hungry
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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.
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.