Interested to buy at $4725 - $4825
- Wave 4 retracement to 0.382 fib level (rule of alternation, wave 2 retraced to 0.5 - 0.618 fib level)
- 200 EMA Support
- One degree lower wave 4 retracement region
Conservative target : $5300
- Double top
Bullish target : $5600
- Resistance level
- Wave 4 retracement to 0.382 fib level (rule of alternation, wave 2 retraced to 0.5 - 0.618 fib level)
- 200 EMA Support
- One degree lower wave 4 retracement region
Conservative target : $5300
- Double top
Bullish target : $5600
- Resistance level
Yorum:
Price almost reaches buy region ($4834) and hit double top target of $5300.