We have returned to the bullish areas on this chart. As it seems, we are forming an ABC correction (currently in retracing wave B). RSI support has still room to shine on weekly TF. Daily is closing soon.
These are my long-term entry and closing points for short positions:
I hope you enjoy my analysis! Leave some feedback.
Happy trading. :)
These are my long-term entry and closing points for short positions:
- -50% retracement and end of wave B at 13602.9 taking us below the big picture GZ.
- -GZ of the retracement at 14450-550 (highly unlikely due to the nature of the ABC corrective waves)
I hope you enjoy my analysis! Leave some feedback.
Happy trading. :)