This Thursday I was expecting a buyer's activity, but probably he was waiting for better price on the market. I'm sticking to my plan and bought yesterday, but we barely made it to 1787, and of course it was disappointing.
In channels B-B and C-C, the current local minimum can be interpreted as a Spring event. But first we have to go through 1783 again, which can be difficult given the current situation.
Looking at volume, we see sellers getting tired, they were unable to move below 1773 even with three tries.
So yes, I'm expecting a new pullback to 1787 or higher. We'll soon.
In channels B-B and C-C, the current local minimum can be interpreted as a Spring event. But first we have to go through 1783 again, which can be difficult given the current situation.
Looking at volume, we see sellers getting tired, they were unable to move below 1773 even with three tries.
So yes, I'm expecting a new pullback to 1787 or higher. We'll soon.
Trade closed: target reached:
In my previous forecast I've mentioned my buy limit orders, one of them was placed @1770(the POC of 03/12) and it was executed today. Just closed my order with a profit.