Hi All,
I haven't posted any views on the markets in a long time. Currently, all indices are in the long bull run and we need some healthy pullback. This idea shows my view that you can consider and it is the H&S pattern with targets below 15,000.
The trade is running for me from 18,000. You can re-enter at the retracement GZ (17700-800).
The most important and minimum levels to consider long will be at the GZ = 11154-10775
We can easily extend the correction to pre-Covid levels which sit at 7000 and below, however, this is not in my near view. I will update you.
Entry: 18,000
SL: 18,900
T1: 13,400
T2: 10,775-11,154
T3: 7000-
I haven't posted any views on the markets in a long time. Currently, all indices are in the long bull run and we need some healthy pullback. This idea shows my view that you can consider and it is the H&S pattern with targets below 15,000.
The trade is running for me from 18,000. You can re-enter at the retracement GZ (17700-800).
The most important and minimum levels to consider long will be at the GZ = 11154-10775
We can easily extend the correction to pre-Covid levels which sit at 7000 and below, however, this is not in my near view. I will update you.
Entry: 18,000
SL: 18,900
T1: 13,400
T2: 10,775-11,154
T3: 7000-