The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Today we will look at our long-term working count, which has helped us keep out bullish count firmly on track since the bottom of wave (E) at 114.42. Long-term we continue to look for much higher levels above the peak of wave [A] at 169.97.
Short-term we are looking for a temporary set-back to 129.60 before the next impulsive rally higher towards 135.42 that should complete wave 5/ and 3. That said the rally in wave 3 hasn't been as strong as we normally would expect, therefor our second option is, that the rally from the low of wave 2 at 119.31 to 135.42 only is wave 1/ of 3 and not the complete rally in wave 3, but only time will show.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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