We are not going to hit 4300+ now, there is bearish divergence and harmonic pattern that have "played" out. Next target is 0.618 fibo level 3780.
Note
"A" correction elliot is on the way.Trade active
1h flag target is to test 3900. Pretty sure we will bounce from that. Closing 1W lower than 4000 is a good sign for bears. Note
depend on will we break 4300 with bullish flag or not it will tell us what trend we will have.Note
as you see we got high volume when breaking bearish flag in a reversal way. This is sign that i could be very very wrong and target is 4500 at least. Not a great start.
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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.