As I’ve mentioned before, bearish trend can only be started after 3 weeks bullish (Elliott Waves) which the 3rd bullish up-move will be finished. 2180-2185 which is the extended Fibo 123.6% may reach.
* 1st resistance: 2075-2080. 2nd resistance: 2144.
* 1st support: 2020.
Target 2180-2185 will be reached if 2080 breaks through.
* 1st resistance: 2075-2080. 2nd resistance: 2144.
* 1st support: 2020.
Target 2180-2185 will be reached if 2080 breaks through.
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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.