Volatility hell broke loose yesterday evening with prices making wild swings. The pitchfork setup from the previous update proved valid as it signaled an 80-bucks sell-off. Still, the main bullish trend remains intact as seen in this daily chart: The market is trending in Wave 3 -- usually the strongest wave in the cycle. My view is that the price could make a new high before completing Wave 3. Pay attention to this Pitchfork, which is our main channel for the Daily chart. The intraday chart contains detailed short-term price levels and waves.
הערה
The last dip was bought, and the price returned to the support/resistance area. New highs still possible. The bad thing for buyers would be a 15-min candle close below $1533 (within the pitchfork channel).
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.