CPSEETF - Wave Count
Wave 0 = 11.54
Wave 1 = 19.59
Wave 2 = 15.65
Wave 3 Target = 1.5 or 1.618 * (Wave 1- Wave0)
= 1.5 or 1.618 * 8.05
= 12.08 + Wave 2 ( 1.5 times )
= 12.08 + 15.65 = 27.73
OR
= 13.02 + Wave 2 ( 1.618 Times)
= 13.02 + 15.65 = 28.67
Wave 5 Range :
If retraced to 0.5 :
0.618 = 29.28
If retraced to 0.236
0.618 = 32 approx.
Wave 0 = 11.54
Wave 1 = 19.59
Wave 2 = 15.65
Wave 3 Target = 1.5 or 1.618 * (Wave 1- Wave0)
= 1.5 or 1.618 * 8.05
= 12.08 + Wave 2 ( 1.5 times )
= 12.08 + 15.65 = 27.73
OR
= 13.02 + Wave 2 ( 1.618 Times)
= 13.02 + 15.65 = 28.67
Wave 5 Range :
If retraced to 0.5 :
0.618 = 29.28
If retraced to 0.236
0.618 = 32 approx.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.