Last week the market hit the selling zone at 4730. However, I still expect the price to be raised to 4730-50 and the Daily channel top line test (red dots) and the SL shortom breakout. Then I expect a 2-3 week ABC correction to TP1 - 4415, TP2 - 4480 and the Daily channel bottom line test (green dots) and the return of the long-term uptrend (Wave 3).
Comment:
Ups a mistake I see Tp1 - 4515
Trade active:
The previous correction lasted 21 candles Daily, so the end of the correction falls on December 21