Using NEOWAVE, based on the minor correction, major retracement and existed projection, they all agree at 1.8.
Note
I still maintain my current perspective regarding the target, which remains at 1.8. However, it appears that the price has broken the channel line, indicating the end of the minor correction. If you still wish to take a short position, it may be advisable to first consider a stop loss for a re-entry.
Trade closed: stop reached
Not a good timing for short position
Note
Hello everyone, I hope you are doing well. With the chart tradingview.com/x/s48L4vE2/, I still maintain my perspective regarding the target 1.8. However, it is not a good position to short it also, goood luck!
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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.