$BIDU
Added 2024-09-26 12:20:21 +0000 UTCBurst through the $94 level in the PM after showing some cracks in the resistance level yesterday.
Price is at $100 now in the PM, which is just slightly above the 1.618 Fib at $98.40 and the 200 Day MA, this is likely going to be a resistance confluence level, so I would be delighted to see a pull back at this point and stop this from running away in an unbalanced structure.
A pull back and hold on the $94 level is perfect for us and we can add there too
We need to see how today develops.
Comments
Do you think with the recent push we first go to 109 and then pull back ? Or does the current momentum can shift the wave targets ?
Bercan
2024-09-27 09:06:55 +0000 UTCNeckline would be very far from current price action
DC
2024-09-26 15:51:10 +0000 UTCIs there a double bottom as well? Bottom 1: Oct 2022 Bottom 2: Aug 2024
DC
2024-09-26 15:50:51 +0000 UTC
