Colleagues, I assume that wave “1” completes the upward movement and somewhere around here a major correction ‘2’ should begin, which will consist of waves “ABC” and may continue to the level of 5700. But for now, I think we need to focus on the nearest targets.
I see the support area of 6033 as the first target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
I see the support area of 6033 as the first target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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Well, the price has reached the 6272 area, which means it's time to look at short positions, but I'm confused by the nature of the recent bullish sentiment, and I think the price may renew its high.Therefore, I would recommend working with pending limit orders.
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✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
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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.