1) Class V-bottom
2) Very high velocity change in momentum, creating a wave in the opposite direction of the previous downtrend whose side is greater than any such waves over the previous weeks.
3) The recent lows occurred with relatively high volume, a strong indication of a capitulation bottom.
4) The new upmove also is occurring with relatively high volume--which, because it's happening as the initial move in a new direction, very probably indicates a major momentum change in a new direction.
5) The wave structure of the previous downmove is clearly corrective.
6) The wave structure of the new upmove is clearly impuslive (motive.)
2) Very high velocity change in momentum, creating a wave in the opposite direction of the previous downtrend whose side is greater than any such waves over the previous weeks.
3) The recent lows occurred with relatively high volume, a strong indication of a capitulation bottom.
4) The new upmove also is occurring with relatively high volume--which, because it's happening as the initial move in a new direction, very probably indicates a major momentum change in a new direction.
5) The wave structure of the previous downmove is clearly corrective.
6) The wave structure of the new upmove is clearly impuslive (motive.)
Nota
"class" => "classic"
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.