We should see price go down to 3500 before going up again.
The invalidation level is at the last low, 3120.
If it breaks, we'll see even lower prices.
For now, wait for correction to end near the 61.8% retracement and then start buying up to 4500 as first target.
The invalidation level is at the last low, 3120.
If it breaks, we'll see even lower prices.
For now, wait for correction to end near the 61.8% retracement and then start buying up to 4500 as first target.
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Price is now at the ideal buy zone, you can go long now without any regrets !
If the bottom is in, this trade might make our year.
If the bottom is in, this trade might make our year.
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One possibility of how this could play out from here.
Be aware that we might see the price go down to the 78.6% retracement also
Be aware that we might see the price go down to the 78.6% retracement also
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