I have laid out 2 possible movements for today as depicted in the chart. The downwards EW count is merely a projection and will be updated accordingly from time to time as the market gradually unfolds.
Entries
Short #1: 2297 - 2305 (Stoploss around 2310)
Short #2: 2320 - 2329 (Stoploss around 2335)
Alternate count (major upwards movement) can be technically ruled out. By ruling out the alternate count, wave 5 is anticipated and it can go all the way down to 2100 level. If you have short position, hold it with a stoploss at around 2349.
Long #1: 2270 - 2279 (Stoploss around 2267)
Long position is expected to be a minor retracement with the upper limit is bound by the channel (dashed) and S&D area (2297 - 2305).
Entries
Short #1: 2297 - 2305 (Stoploss around 2310)
Short #2: 2320 - 2329 (Stoploss around 2335)
Alternate count (major upwards movement) can be technically ruled out. By ruling out the alternate count, wave 5 is anticipated and it can go all the way down to 2100 level. If you have short position, hold it with a stoploss at around 2349.
Long #1: 2270 - 2279 (Stoploss around 2267)
Long position is expected to be a minor retracement with the upper limit is bound by the channel (dashed) and S&D area (2297 - 2305).
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.