the best buy price was 3.63~3.60 AED . a little below 61.8% last uptrend wave.
but not reach that point and start going up again.
but this up trend can be a correction for wave b of the main abc correction.
so 3.79 38.2 of wave a correction tested by the market today. next level is 3.84 at 50% and 3.89 at 61.8% if can goes up these levels we can say a sharp changing trend happen to up trend again. so we can expect 4.30 for the next target.
but i still looking for compelete c wave to complete abc correction and then enter to the game.
let see what happen by the market.
but not reach that point and start going up again.
but this up trend can be a correction for wave b of the main abc correction.
so 3.79 38.2 of wave a correction tested by the market today. next level is 3.84 at 50% and 3.89 at 61.8% if can goes up these levels we can say a sharp changing trend happen to up trend again. so we can expect 4.30 for the next target.
but i still looking for compelete c wave to complete abc correction and then enter to the game.
let see what happen by the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.