Hi Traders,
Seems we have 5th wave completed on this impulsive move. Could be time for some profit taking and the uptrust appears to be stalling around a supply zone. See additional charts below.
Seems we have 5th wave completed on this impulsive move. Could be time for some profit taking and the uptrust appears to be stalling around a supply zone. See additional charts below.
Note
Note
Note
Note, demand zone is in the golden ratio zone. If you also look closely the FIB on wave one also retraced to 0.886 fib level on leg one of the 5 impulse waves.Trade active
Note
On track to target level.Trade closed: target reached
Note
Lord MEDZ
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Lord MEDZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.