Hello Traders,
I pointed out a time cycle zone (two vertical lines) on the chart which shows a good time for starting a strong correction or reversal.
I expect that Reversal lasts at least 10 to 12 candles.
What do you think ?
Make sure to Like and follow so you will receive notification of analysis update in a real time.
Good luck
P.S. Note that this analysis is my opinion and might be wrong. It is not a trading advice.
I pointed out a time cycle zone (two vertical lines) on the chart which shows a good time for starting a strong correction or reversal.
I expect that Reversal lasts at least 10 to 12 candles.
What do you think ?
Make sure to Like and follow so you will receive notification of analysis update in a real time.
Good luck
P.S. Note that this analysis is my opinion and might be wrong. It is not a trading advice.
Note
I expected that correction would last more but it seems I was wrong. Now that price comes back to the previous high I expect another correction but it might be temporary
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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.
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.