The last analysis on Mr Price was on the 17th of March 2023 and the bears were still in control, link below.
Looking at price action, there has been a significant bounce from 13104 and most importantly, this bounce has broken above 15199 which rules out a simple five wave decline from 18972.
The larger Elliott Wave structure from 24225 is a double-zigzag (W)(Y) with a large triangle (X) wave.
If a bottom is in, price must hold above 13104 which is the invalidation level and should be used as a stop-loss level.
Buying the dips is the strategy above 13104.
Looking at price action, there has been a significant bounce from 13104 and most importantly, this bounce has broken above 15199 which rules out a simple five wave decline from 18972.
The larger Elliott Wave structure from 24225 is a double-zigzag (W)(Y) with a large triangle (X) wave.
If a bottom is in, price must hold above 13104 which is the invalidation level and should be used as a stop-loss level.
Buying the dips is the strategy above 13104.
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Pubblicazioni correlate
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.