Price made a 5-wave structure hitting a recent bottom at 3515, and seems to be bouncing higher in a 3-wave structure.
We are seeing a potential relief rally towards 4684 area before another potential move lower.
Is it a short term buy opportunity?
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
We are seeing a potential relief rally towards 4684 area before another potential move lower.
Is it a short term buy opportunity?
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.