| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | SELL |
| Entry Point | 71.58 |
| Take Profit | 60.00, 50.00 |
| Stop Loss | 77.50 |
| Key Levels | 50.00, 60.00, 77.50, 89.50, 103.00 |
| Alternative scenario | |
|---|---|
| Recommendation | BUY STOP |
| Entry Point | 77.55 |
| Take Profit | 89.50, 103.00 |
| Stop Loss | 73.55 |
| Key Levels | 50.00, 60.00, 77.50, 89.50, 103.00 |
A fall is possible.
On the daily chart, a downward correction of the higher level forms as the wave 2, within which the wave (C) of 2 develops. Now, the third wave 3 of (C) is forming, within which a local correction has ended as the fourth wave of the lower level iv of 3, and the fifth wave v of 3 is forming. If the assumption is correct, the price of the asset will fall to the area of 60.00–50.00. In this scenario, critical stop loss level is 77.50.
Main scenario
Short positions will become relevant below the level of 77.50 with the targets at 60.00–50.00. Implementation period: 7 days and more.
Alternative scenario
A breakout and the consolidation of the price above the level of 77.50 will let the asset grow to the area of 89.50–103.00.
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.
