Price appears to have hit point C and came to a halt for now.
This formed an ABC pattern and the target is D. The pattern would then reverse back to the downside.
It does look like there may be some upside before another leg down but the market will most likely be a bit bouncy.
If one wanted to risk it, they may want to enter a trade long at 11845 and possibly exit at 12465.50, re-evaluate and maybe hit 13088ish.
The overall trend is down, but a market does not go straight up or straight down.
No recommendation/Just an observation.
The trend is your friend until it ends.
This formed an ABC pattern and the target is D. The pattern would then reverse back to the downside.
It does look like there may be some upside before another leg down but the market will most likely be a bit bouncy.
If one wanted to risk it, they may want to enter a trade long at 11845 and possibly exit at 12465.50, re-evaluate and maybe hit 13088ish.
The overall trend is down, but a market does not go straight up or straight down.
No recommendation/Just an observation.
The trend is your friend until it ends.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.