From an elliot wave analysis standpoint this could be a very good long oppurtunity because of the rare case that price breaks trough A indicates a strong bullish move can occur
Good entry or re-entry (inverted hammer)
Very nice risk to reward target set at previous resistance
Be aware of consumer priced index
Good entry or re-entry (inverted hammer)
Very nice risk to reward target set at previous resistance
Be aware of consumer priced index
Trade closed: stop reached
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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.