Potential HUGE trade - Follow up analysis
Here's below the beginning of this trade/analysis, PERFECT entry!
My short-term analysis to sell the pull-back went through, it fell a few hundred points, but unfortunately, it got rejected at 28900, just a few points above the short-term target.
Currently, it breaks the strong resistance already. As long as it stays above the major support, my analysis and the final target remain the same. I reckon it has the potential to reach the target this year.
Catalyst:
- Covid-19 Vaccine
- Trump v Biden breaking news
- Price action
My short-term analysis to sell the pull-back went through, it fell a few hundred points, but unfortunately, it got rejected at 28900, just a few points above the short-term target.
Currently, it breaks the strong resistance already. As long as it stays above the major support, my analysis and the final target remain the same. I reckon it has the potential to reach the target this year.
Catalyst:
- Covid-19 Vaccine
- Trump v Biden breaking news
- Price action
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