We can observe completion of the latest ABCDE Descending Corrective Wedge and can now expect the next bullish impulsive upward thrust.
1st Target Price = 48,000
2nd Target Price = 58,000
See Weekly Chart below for Higher Time Frame (HTF) Analysis.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> SIMPLE RULES <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Always Cut Your Losses Quick by having a Trade Invalidation Point <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>> This is the Price where your Stop Loss should be <<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Keeps You in the Game so your around to Hit Your Winning Trades <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Simple but Smart Risk Control <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
WEEKLY CHART
1st Target Price = 48,000
2nd Target Price = 58,000
See Weekly Chart below for Higher Time Frame (HTF) Analysis.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> SIMPLE RULES <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Always Cut Your Losses Quick by having a Trade Invalidation Point <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>> This is the Price where your Stop Loss should be <<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Keeps You in the Game so your around to Hit Your Winning Trades <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Simple but Smart Risk Control <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
WEEKLY CHART
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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.