So far, so good - we're right on track. We're setting up beautifully for a great low risk entry: on the pullback from the current rally (blue wave 1) peak - whenever/wherever the current rally stops. First resistance to end the current rally is at 685.
One thing we have to watch out for is a forceful break of resistance, and thus a higher wave 1. In this case, wave 2 (and the buy zone) would need to be adjusted higher.
....and in case of a runaway train - which could happen at any minute at this point - chasing would not be the worst thing you could do, depending on how far away it gets from you.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.