| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | BUY |
| Entry Point | 316.55 |
| Take Profit | 385.00, 410.00 |
| Stop Loss | 306.15 |
| Key Levels | 274.30, 291.20, 306.15, 385.00, 410.00 |
| Alternative scenario | |
|---|---|
| Recommendation | SELL STOP |
| Entry Point | 306.10 |
| Take Profit | 291.20, 274.30 |
| Stop Loss | 311.05 |
| Key Levels | 274.30, 291.20, 306.15, 385.00, 410.00 |
The price is in a correction and may grow.
On the daily chart, the third wave of the higher level 3 ended, a downward correction formed as the fourth wave 4, and the fifth wave 5 develops, within which the wave (3) of 5 forms. Now, the third wave of the lower level 3 of (3) has formed, and a local correction is ending as the fourth wave 4 of (3). If the assumption is correct, the asset will grow to the area of 385.00–410.00. In this scenario, critical stop loss level is 306.15.
Main scenario
Long positions will become relevant above the level of 306.15 with the targets at 385.00–410.00. Implementation period: 7 days and more.
Alternative scenario
A breakout and the consolidation of the price below the level of 306.15 will let the asset go down to the area of 291.20–274.30.
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.
