As mention previously, the 4th wave would probably retrace to either 150 or the 138-135, which make great profit taking targets as well!
Since we had such a quick and sharp retracement, I believe that we'll correct to the 130 zone, however a more bullish scenario is that we bounce right back into our channel that've we created previously.
Since we had such a quick and sharp retracement, I believe that we'll correct to the 130 zone, however a more bullish scenario is that we bounce right back into our channel that've we created previously.
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.