in my opinion we finished ABC correction which is ended at $10330 (It hit its' .618 fib level). We've started a new impulsive wave and ready to go 3rd leg. 1 and 2 finished for me. 3th wave target is gonna be $13488-$13027. Thick white trendline has broken as you see. It should confirm that we are not in downtrend anymore. We'll see.
Possible long entry here: $11970
SL: $11600 TP1: $13027 TP2:$13488 R:R=2,85-4,1
This is not a financial advice.
Possible long entry here: $11970
SL: $11600 TP1: $13027 TP2:$13488 R:R=2,85-4,1
This is not a financial advice.
Trade closed: stop reached
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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.