Did we get our 3rd DCL a few days ago?
I think if we get a confirmed swing low by closing above 10sma, we are in the 4th cycle and Scenario #1 is in play. Price can go up to 50sma area, before heading back down.
If we drop from here, it will be scenario #2 and 3rd cycle will continue further.
My bet is on Scenario 1 and will be looking to short near 50sma with stop above $1306
I think if we get a confirmed swing low by closing above 10sma, we are in the 4th cycle and Scenario #1 is in play. Price can go up to 50sma area, before heading back down.
If we drop from here, it will be scenario #2 and 3rd cycle will continue further.
My bet is on Scenario 1 and will be looking to short near 50sma with stop above $1306
Not
Looks like we will be getting our confirmed swing low and I would say the start of the 4th cycle. Still on the sidelines to see what transpires, but expecting to short close to 50ma.
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.