Potential E.Wave 3 @ current price, it will be 1.618 of fib extension Wave 1-2. If wave 3 is valid, retracement for Wave 4 will be in progress. Else, Wave 3 may further extend beyond 1.618 - to monitor
If Wave 3 is true, TP will be at Wave 5 fib ext. 1.0 range.
Price support by MA50.
EMA indicators are positive.
Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" u; "like" button. Thank you.
If Wave 3 is true, TP will be at Wave 5 fib ext. 1.0 range.
Price support by MA50.
EMA indicators are positive.
Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" u; "like" button. Thank you.
Trade closed: target 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.