** IT'S NOT AN OPPORTUNITY TO BUY YET !!!!
Price is moving in 5 ways to the downside since the selloff from 6000
Wave 1,3 & 5 will go lower where as waves 2 & 4 will go counter trend and correct a % of the previous move.
Wave 3 is often the extended wave, meaning it's the longest and you should be able to count 5 subwaves inside it.
Once those 5 waves end, we get wave 3, after wich comes a correction higher in wave 4 in a 3 waves manner(abc for example) or a more complexe correction(but still just a correction !).
I'm confident we have those 5 waves down as a wave (3), now price is therefore in a correction higher for wave (4).
After wave (4) ends (should be near 0.382 level ~4500 ideally), look for price to fall a bit further for wave (5) near the 3100 level (or possibly lower)
Price is moving in 5 ways to the downside since the selloff from 6000
Wave 1,3 & 5 will go lower where as waves 2 & 4 will go counter trend and correct a % of the previous move.
Wave 3 is often the extended wave, meaning it's the longest and you should be able to count 5 subwaves inside it.
Once those 5 waves end, we get wave 3, after wich comes a correction higher in wave 4 in a 3 waves manner(abc for example) or a more complexe correction(but still just a correction !).
I'm confident we have those 5 waves down as a wave (3), now price is therefore in a correction higher for wave (4).
After wave (4) ends (should be near 0.382 level ~4500 ideally), look for price to fall a bit further for wave (5) near the 3100 level (or possibly lower)
Nota
Look for ~3000 nowNota
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Nota
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Questions? Chat or Comment on Ideas
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Questions? Chat or Comment on Ideas
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Penerbitan berkaitan
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.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
Penerbitan berkaitan
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.