Based on Elliott Wave Analysis, it just completed a 5-wave structure in wave 3.
It is retracing for wave 4.
Long EP: 84.74
Potential TP @ 85.58
It is retracing for wave 4.
Long EP: 84.74
Potential TP @ 85.58
Note
Currently in A-B-C corrective wave structure. Ending Wave B. Good time to catch Wave C @ around 84.6 to ride up to 85.58-ish
Trade closed: target 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.