& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards :)
Don't know if you can see this: https://www.tradingview.com/chart/9K1Vx98V/ but using my chart setup featuring Ichimoku Clouds, in this timeframe you have descending bearish clouds which have not yet turned around, with current swing being high above them. Which means I agree that probably will go back down to yr Basis 234 level and this could prove a great buy area. If it holds more or less around there and then starts swinging up, then next stop is almost certainly current swing high level (240 ish) and then if breaks through, next up is to challenge 250 which, acc. to monthly chart, is all-time high territory and therefore quite possibly a serious runup after breaking through what will be a long-term double-bottom / almost cup formation with target of about 400.
Have a great time! And thank you very much for the verbal flowers :peace:
i am personally not believing to see 230 anymore or even 226 (new yearly 2017 lows) after this little selloff, last trading days of last week before. And if you`re pressing the button (to see the development of this week) you can see the market participants traded GS with an downside GAP again. And that`s suggest me, the market price wanna get up.
If 240.76 holds next week - bulls need to take over 243.36 & 244.27 again. `Cause after both prices only 2017 yearly high with 247.77 is ahead.
Thanks for for your public comment :agree: