I think we are in correction phase after the last 5 waves impulse. Possible targets are 4500-5000, not only because of longs, but also for closed shorts.
There is also possible X-Y-Z double wave combo, with a slightly lower targets (4200-4500).
There is also possible X-Y-Z double wave combo, with a slightly lower targets (4200-4500).
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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.