The Bulls win the race! By breaking above the $12067 mark, our primary expectation was neutralized, and as we expected, the upwards movement gained momentum. The bulls are now facing a major resistance at $13764, the June 2019 high. We see a correction in wave (iv) in blue for the imminent route, where another Long Trade is possible.
Happy Monday Trading!
Happy Monday Trading!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.