My model suggests a wave (X) possible top at the current high of 318.30. Although it has only 33% probability (that´s why the down arrow is a pointing one) and it also means that it has 67% probability against.
However, looking down below on the chart, there is a broken high at 312.53 with 89% Short Top Probability.
So, I just wanted to show a bigger picture of the situation, because despite of being lesser the top chances remained.
I didn´t take this trade because chances are below of 60%.
Target shell would be the zone of 277/270.00.
However, looking down below on the chart, there is a broken high at 312.53 with 89% Short Top Probability.
So, I just wanted to show a bigger picture of the situation, because despite of being lesser the top chances remained.
I didn´t take this trade because chances are below of 60%.
Target shell would be the zone of 277/270.00.
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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.