I opened a long position around 210.70 but closed it around %50 ret. I see a bullish gartley on 1H chart but I think we will see more down first. Uptrend will resume for sure but I believe not from here although we have MA's confluence and support of 210.75 but I think the major retracement is not complete yet.
I expect to see 209.85 (%50 fib ret from 205.85 to 213.85) and if breached then 61.8 (208.90). I think between these two levels is the best place to load up for heavy long up to 217 and above.
So limit orders are in place vor heavy up ...
Cheers
I expect to see 209.85 (%50 fib ret from 205.85 to 213.85) and if breached then 61.8 (208.90). I think between these two levels is the best place to load up for heavy long up to 217 and above.
So limit orders are in place vor heavy up ...
Cheers
Discipline + Patience - Fear - Greed = Success