Currently sitting on a resistance after massive upside move, expecting a retracement to at least 1885 with low probability of dropping even further down.
RRR 6.33 and SL just above current resistance level. RSI also overbought.
Wave analysys also on its wave 3, which further pushes possibility of downside.
Let me know what you guys think.
RRR 6.33 and SL just above current resistance level. RSI also overbought.
Wave analysys also on its wave 3, which further pushes possibility of downside.
Let me know what you guys think.
Comment:
TP1 Hit, Re-entry still valid.