Hi everyone,
The decline in the correctional wave (c) has not happened yet.
The price continues to slowly raise up, sapping the participants’ vigilance to the risk of decline.
As previously, before the next phase of dynamic growth we anticipate a sharp decline to the level of 5000, or possibly even lower.
Please be aware that due to the rebuilding structure of the upward movement, there is a risk of breaking 5490 level.
Currently acceptable level of stop loss for sales is at the level of 5700.
The coming sharp decline should be used for an active building of long positions ranging from the level of 5000.
The decline in the correctional wave (c) has not happened yet.
The price continues to slowly raise up, sapping the participants’ vigilance to the risk of decline.
As previously, before the next phase of dynamic growth we anticipate a sharp decline to the level of 5000, or possibly even lower.
Please be aware that due to the rebuilding structure of the upward movement, there is a risk of breaking 5490 level.
Currently acceptable level of stop loss for sales is at the level of 5700.
The coming sharp decline should be used for an active building of long positions ranging from the level of 5000.
