Ab upward weekly cycle has been broken to the upside. Time elapsed is 4 days. We can extend the duration till 6 days (minimum, 8 days median duration or up to 11 days. In this latter case we expect a new full green weekly candle.
TP1 17,386.14
TP2 17,683.00
TP1 17,386.14
TP2 17,683.00
Note
As for the analysis (correct) we have extended the gain. Now we are already in minimum time hedge to see a retracement, it can start tomorrow or next week, hence, be aware .
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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.