Based on Fibonacci extension levels projected from wave 1 and based on start of wave 1 and start of wave 5, we have a convergence at 5088.
However, take note that given the risk-reward, now it is better to prepare for short rather than trying to catch the last few points of long. Thus, this is a short call.
However, take note that given the risk-reward, now it is better to prepare for short rather than trying to catch the last few points of long. Thus, this is a short call.
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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.