This is my primary count - We had a leading diagonal A wave and are now in a complex WXY correction. The Y wave we are in currently looks to be forming a flat but could also turn into a triangle.
If we see support in the 7342 area, I will stay with this count and look for one more small move up to the top of the channel around 7670. I will short in that area to catch the Y wave move down.
If we DO NOT see support in the 7342 area, I will then look for support in the 7270 golden zone of this most recent move upward. That would be more indicative of a triangle formation.
Thanks for looking, and good luck in your trades!
If we see support in the 7342 area, I will stay with this count and look for one more small move up to the top of the channel around 7670. I will short in that area to catch the Y wave move down.
If we DO NOT see support in the 7342 area, I will then look for support in the 7270 golden zone of this most recent move upward. That would be more indicative of a triangle formation.
Thanks for looking, and good luck in your trades!
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.