Nav has the potential to go above 50 but at first let's go for at least 31-32 if we don't see it go below 15.70.
On daily we have a clean 5 waves rise followed by this ABC correction. We have length equality between A & C at 16.80 and the 50% retracement level of previous impulsive wave and also historic support.
On the 30min chart, looks like we have 5 waves up and are now seeing a correction. So, at 17.5 - 18.5 I'll buy.
On daily we have a clean 5 waves rise followed by this ABC correction. We have length equality between A & C at 16.80 and the 50% retracement level of previous impulsive wave and also historic support.
On the 30min chart, looks like we have 5 waves up and are now seeing a correction. So, at 17.5 - 18.5 I'll buy.
Comment:
Comment:
Nav - My first entry might have been to early here. Looks like price wants to go for the 1.272 extension first-.
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