In BLDN daily chart, it shows wave 1, 3 and 5 are motive waves and they are subdivided into 5 smaller degree impulses labelled as (i), (ii), (iii), (iv), and (v). Wave 2 and 4 are corrective waves and they are subdivided into 3 smaller degree waves labelled as (a), (b), and (c). The 5 waves move in wave 1, 2, 3, 4, and 5 make up a larger degree motive wave (1).
Corrective waves subdivide into 3 smaller-degree waves, denoted as ABC. Corrective waves start with a five-wave counter-trend impulse (wave A), a retrace (wave B), and another impulse (wave C). The 3 waves A, B, and C make up a larger degree corrective wave (2).
BLDN need to break the resistance at 2.00 to enter the wave-3 formation. Get ready as wave three is usually the largest and most powerful wave in a trend.
Traders can thus use the information above to determine the point of entry and profit target when entering into a trade.
Regards - Sifuut Siduuut
Corrective waves subdivide into 3 smaller-degree waves, denoted as ABC. Corrective waves start with a five-wave counter-trend impulse (wave A), a retrace (wave B), and another impulse (wave C). The 3 waves A, B, and C make up a larger degree corrective wave (2).
BLDN need to break the resistance at 2.00 to enter the wave-3 formation. Get ready as wave three is usually the largest and most powerful wave in a trend.
Traders can thus use the information above to determine the point of entry and profit target when entering into a trade.
Regards - Sifuut Siduuut
Dagangan aktif
Completing the BIG Bowl Pattern. Alert active at RL = 2.20
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.