- retrace to 618 fib - even if this is a first impulsive wave of a larger 5 wave structure, I'd expect retrace toward green - green is also a macro break of bearish market structure (dashed line) - it's a key monthly level as well (solid line)
This could still push higher, I would still look to long green
Invalidated on a weekly break and hold of red above.
Time will tell, I think this is a good area for long term positions I am interest in for this asset.
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.