Long
CLDR- Enjoy the fifth wave rally !!
As of now, the BO to the resistance at 0.5 level i.e. 12.02 ain't supported with sufficient volume at daily chart. The fourth wave retracement can be expected till 0.618 level i.e. 10.30.
Long Position is suggested at these levels and the lower to it shall be accumulated.
The target could be set the 1.618 level of Fibo i.e. around 28.37, expecting the completion of Fifth wave at this level.
Long Position is suggested at these levels and the lower to it shall be accumulated.
The target could be set the 1.618 level of Fibo i.e. around 28.37, expecting the completion of Fifth wave at this level.
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.