Awesome channel- as thought it will get resistance between 490-495 (Villain Channel as per the updates in below chart)- Vow, it made a high@492.45- Unfortunately, Gave a gap down opening finished its final leg in A-Wave since top@639.
Intraday, we were trying to short with a risk of 2 points, which got hit @491.50 but that's part & parcel of the game. Larger Term - It just opened as expected & even bounced.
So, It was nice 2 way journey- up & down, that's how financial markets move.
What Next? Likely its heading up in B-Wave- most likely it will be a corrective sequence ABC within that B-Wave
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.