| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | BUY |
| Entry Point | 95.03 |
| Take Profit | 121.50, 158.50 |
| Stop Loss | 81.25 |
| Key Levels | 40.00, 57.15, 81.25, 121.50, 158.50 |
| Alternative scenario | |
|---|---|
| Recommendation | SELL STOP |
| Entry Point | 81.20 |
| Take Profit | 57.15, 40.00 |
| Stop Loss | 89.20 |
| Key Levels | 40.00, 57.15, 81.25, 121.50, 158.50 |
Growth is possible.
On the daily chart, a downward correction of the higher level ended as the wave 2, within which the wave (C) of 2 formed, and the development of the third wave 3 started. Now, the first wave of the lower level 1 of (1) of 3 has formed, a local correction has developed as the second wave 2 of (1) of 3, and the third wave 3 of (1) of 3 is developing, within which the wave iii of 3 is forming. If the assumption is correct, the asset will grow to the area of 121.50–158.50. In this scenario, critical stop loss level is 81.25.
Main scenario
Long positions will become relevant above the level of 81.25 with the targets at 121.50–158.50. Implementation period: 7 days and more.
Alternative scenario
A breakout and the consolidation of the price below the level of 81.25 will let the asset go down to the area of 57.15–40.00.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
