https://www.tradingview.com/chart/l3NI42Ai/
Surge past "B" validates the pattern, move above ATH of 4375 ("X") could need a few days
When the structure is in the midst of completing the CD leg, the violation of the B point AND the X point typically creates a situation of severe price action. In essence, the price action is violating two important prior support or resistance points. When this happens, the result is frequently a sharp move that quickly extends to the 1.618 XA projection.
Not financial advice use stop loss/markets - good luck
Surge past "B" validates the pattern, move above ATH of 4375 ("X") could need a few days
When the structure is in the midst of completing the CD leg, the violation of the B point AND the X point typically creates a situation of severe price action. In essence, the price action is violating two important prior support or resistance points. When this happens, the result is frequently a sharp move that quickly extends to the 1.618 XA projection.
Not financial advice use stop loss/markets - good luck
Nota
tradingview.com/chart/l3NI42Ai/Euphoria to impending doom - would be a first for me to validate and then invalidate a pattern on the same candle. Line in the sand is $4025 bearish divergence in RSI as well if ETH doesn't bounce
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.