No change in view for the medium-term.
For now I added another position @ 133.13 and the average now is 131.94. The market is overextended daily, weekly, and the most monthly chart. The pattern no doubt is aiming for some higher levels, and for that reason we add relax a bit each time it goes higher, I will update when I have placed a next sell.
For now I expect correction back towards 125.57 medium-term and short-term profit order @ 127.87. It depends to the time-frame you wish to play.
For now I added another position @ 133.13 and the average now is 131.94. The market is overextended daily, weekly, and the most monthly chart. The pattern no doubt is aiming for some higher levels, and for that reason we add relax a bit each time it goes higher, I will update when I have placed a next sell.
For now I expect correction back towards 125.57 medium-term and short-term profit order @ 127.87. It depends to the time-frame you wish to play.
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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.