Hello guys, the chart is pretty self-explanatory.
Follow the instructions and take your profits wisely :)
Remember if the conditions for entry don't happen, don't force the trade - entry conditions are also a crucial part of the strategy.
PS: I'd bet on the #1 target since it's a shorter term analysis, if you look at the weekly candles there's a big possibility of a further move down. Therefore I'm betting on a smaller bull run for a correction.
But, we're close to the W bot, so it's worth the risk if it's the W bottom we are talking about of a possible 50%+ trade, look at the related ideas, there's a W analysis and it will make more sense.
Follow the instructions and take your profits wisely :)
Remember if the conditions for entry don't happen, don't force the trade - entry conditions are also a crucial part of the strategy.
PS: I'd bet on the #1 target since it's a shorter term analysis, if you look at the weekly candles there's a big possibility of a further move down. Therefore I'm betting on a smaller bull run for a correction.
But, we're close to the W bot, so it's worth the risk if it's the W bottom we are talking about of a possible 50%+ trade, look at the related ideas, there's a W analysis and it will make more sense.
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.