The first fractal in the first ellipse above the pink trend-line (in the price chart) designates a trend reversal. Will the second fractal in the second ellipse below the pink trend-line designate a trend reversal too? I think so, that is why i am longing this, not for short-term but perhaps for long-term.
Note
W-bottom formation:Note
I believe target 8750 is possible todayNote
week chart:
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.
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.