we have a short-term reversal pattern showing a possible calculated price projection of $160 to $164 - mid-point $162, and interestingly $162 was both a key support & resistance level in the prior down move. my thought, this is valid for next couple of trading days only, the mid-to-long-term / prevailing sentiment is still down. expecting any long move to be short-lived, for now. Let's see how accurate our calculation is.
stay safe!
Komentarz
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price projection hit. calculation was good 🎯 now expecting a quick wave down.