Very clean ABCD pattern with a big spike off the D.
I think it will turn into a 3 Drive and bounce off of the new .382 and run down to the 1.618 which happens to be an old support.\
Sell:108.965
Buy: 107.390
Will add the macro chart in the comments because I think it could go even lower (red dotted line)
I think it will turn into a 3 Drive and bounce off of the new .382 and run down to the 1.618 which happens to be an old support.\
Sell:108.965
Buy: 107.390
Will add the macro chart in the comments because I think it could go even lower (red dotted line)
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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.