Now that the 1,023/1025 Target has been reached, my vias drop a medium chance bottom signal.
Don´t get me wrong, the ZIG ZAG pattern targeting 610 zone is still on its way, but math tells that there is an alternative bounce scenery (the red one) with target at 1,416/1,425 zone.
Therefore, for those who want to be bull these are the margins:
Stop Loss: 1,025.00$.
Entering Buy Point: 1,1161.00 (the current).
Target:1,416.00.
R/R Ratio:2.88.
Math Technical Probability: about 50%.
Don´t get me wrong, the ZIG ZAG pattern targeting 610 zone is still on its way, but math tells that there is an alternative bounce scenery (the red one) with target at 1,416/1,425 zone.
Therefore, for those who want to be bull these are the margins:
Stop Loss: 1,025.00$.
Entering Buy Point: 1,1161.00 (the current).
Target:1,416.00.
R/R Ratio:2.88.
Math Technical Probability: about 50%.
הערה:
Despite the fall and the aftermath bounce, I have no buy signal yet, the Target to 610,00 is still active.