![]() It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. Here we expect a bounce down and a higher low before a new bullish swing up again. The first target is the 38.2% Fib zone and long-term moving averages. This is indicating the potential start of the bullish run in wave B (orange). On the 1 hour chart, we already see blue Elliott Wave candles emerge. Eventually a new high is expected at around $350 once the triangle is completed (blue arrow). The main target zone is therefore around $292-$305 for the short-term.Īt the moment, a bearish bounce is expected at the target zone to create a wave C (orange).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |