Price should come down all the way to 2110/2103. BUY AT 2121 LEVEL WITH A STOP LOSS JUST BELOW 2103.1. PROFIT TARGET AT 2183.
Everybody expects a correction. Sentiment isn't top-like in my view. Today's little selloff immediately triggered buying and yielded a bullish hammer candle off current range lows. The bullish hammer is further accompanied by bottoming slow stochastics, to me a signal of a fresh bull leg higher. Again, with everyone bearish out there, the risk is to the upside....
Wave Count Started from March 2009. Wave 1 : 666 to 1370 Wave 2 : 1370 to 1074 ( 38.2 % retracement of Wave 1 ) Wave 3 : 1074 to 2134 ( Less then 161.8% projection of Wave 1 ) Wave 4 : 2134 to 1810 ( Little lower then 23.6% retracement ) Note – Values can have a bit of variation. As per this Wave count the 3rd Wave does not seem to be an extended wave in terms...
Got my indicator in 30mins time frame which indicates a substantial upswing like the one before which I posted couple of days ago.. Stop will be very tight This time 2180 will be probably be broken.. lets see how the price action turns out this time... Please follow me or like if the idea helps or you like see my updates in real time.. Entry : 2164 Target 1 :...