Current view:
The current view suggests that if the market gradually takes support around the support level, then we can expect a minimum retracement of 38% to 78% in the current swing. On the other hand, if the initial market decline is sharp and it consolidates around the immediate support level, then the correction will likely continue.
Alternate view:
The alternate view is similar to the current view; it suggests that if the initial market takes a pullback, we can expect a range-bound market with a moderately bullish tone. The target is a minimum retracement of 78% in the current swing.
The current view suggests that if the market gradually takes support around the support level, then we can expect a minimum retracement of 38% to 78% in the current swing. On the other hand, if the initial market decline is sharp and it consolidates around the immediate support level, then the correction will likely continue.
Alternate view:
The alternate view is similar to the current view; it suggests that if the initial market takes a pullback, we can expect a range-bound market with a moderately bullish tone. The target is a minimum retracement of 78% in the current swing.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.