Hello Dear friends
If the price range of $53.11 is fully consumed, the possibility of the continuation of the upward trend to the white range of $57.14 will be strengthened.
The primary range for reaction and low risk for us is the yellow range ($49.48).
If the corrective trend breaks below the $48.46 price range, the bullish mentality will expire.
We would be happy to hear your comments
If the price range of $53.11 is fully consumed, the possibility of the continuation of the upward trend to the white range of $57.14 will be strengthened.
The primary range for reaction and low risk for us is the yellow range ($49.48).
If the corrective trend breaks below the $48.46 price range, the bullish mentality will expire.
We would be happy to hear your comments
Trade closed: target reached:
The corrective phase of the drawn scenario did not happen! However, according to the analysis, we had an increasing trend up to the specified range (: