Traders,
UPDATE: Price has hit the 3 wave measure move target, is this the ideal time to take profits?. I recommend taking profits here, and waiting for a pullback where there will be a safer level to get into another long position to the upside. Target was hit nicely, and expect the long position to follow shortly, after a small breather from the bears.
Previous analysis: Compelling bullish presence after a bearish correction after a bullish impulse leg. A nice correction to the Fibonacci retracement level offers a fantastic opportunity to long to the upside. Price is strong, engulfing the previous days
bear candle, showing continued strength, which will give the necessary momentum for a 3 wave measure move to the highs of the range. I hope you have a tested trading strategy to trade this move.
Thank you for your support.
UPDATE: Price has hit the 3 wave measure move target, is this the ideal time to take profits?. I recommend taking profits here, and waiting for a pullback where there will be a safer level to get into another long position to the upside. Target was hit nicely, and expect the long position to follow shortly, after a small breather from the bears.
Previous analysis: Compelling bullish presence after a bearish correction after a bullish impulse leg. A nice correction to the Fibonacci retracement level offers a fantastic opportunity to long to the upside. Price is strong, engulfing the previous days
bear candle, showing continued strength, which will give the necessary momentum for a 3 wave measure move to the highs of the range. I hope you have a tested trading strategy to trade this move.
Thank you for your support.
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。