| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | BUY |
| Entry Point | 474.85 |
| Take Profit | 484.00, 510.00 |
| Stop Loss | 471.80 |
| Key Levels | 359.50, 415.30, 449.50, 484.00, 510.00 |
| Alternative scenario | |
|---|---|
| Recommendation | SELL STOP |
| Entry Point | 449.45 |
| Take Profit | 415.30, 359.50 |
| Stop Loss | 460.85 |
| Key Levels | 359.50, 415.30, 449.50, 484.00, 510.00 |
Growth is possible.
On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 5 of (5) forms. Now, the first wave of the lower level i of 5 has ended, a local correction has formed as the second wave ii of 5, and the wave iii of 5 is developing. If the assumption is correct, the asset will grow to the area of 484.00–510.00. In this scenario, critical stop loss level is 449.50.
Main scenario
Long positions will become relevant above the level of 449.50 with the targets at 484.00–510.00. Implementation period: 7 days and more.
Alternative scenario
A breakout and the consolidation of the price below the level of 449.50 will let the asset go down to the area of 415.30–359.50.
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.
