CTI met resistance lines at 0.08 , by this almost ending good period of growth for the last eight days. Eliot Waves indicates that you can expect a perfect short position with execution period about three days. RSI shows an upcoming change of trend. Combined with ending Eliot Waves period you can expect a good short position. These expectations allow me to assume this setup
Buy: 0.07540 - 0.07550
TP: 0.5950
SL: 0.8373
All of that is purely from data on hand.
Buy: 0.07540 - 0.07550
TP: 0.5950
SL: 0.8373
All of that is purely from data on hand.
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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.