No change in view.
I will add SELL @ 128.80 again. The steepness of the GANN angle/fan will attract gravitational force. The first move down will be towards 126.27 and then expected consolidation back to 127.20 area.
Overall I suspect we will see 124.78 and then followed by 122.30. Monthly chart I see correction below 120.00.
Strategy is SELL @ current 128.30 (new positions) or add 128.80. Profit orders:
30% @ 126.65
30% @ 125.17
Balance @ 122.78 for now.
I will add SELL @ 128.80 again. The steepness of the GANN angle/fan will attract gravitational force. The first move down will be towards 126.27 and then expected consolidation back to 127.20 area.
Overall I suspect we will see 124.78 and then followed by 122.30. Monthly chart I see correction below 120.00.
Strategy is SELL @ current 128.30 (new positions) or add 128.80. Profit orders:
30% @ 126.65
30% @ 125.17
Balance @ 122.78 for now.
Note
I added a SELL @ 128.45 (the previous 15% that was taken back). Now average 127.03.
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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.