Singkat
(D) Bearish Symmetrical Triangle Projection at Major Trendline
$NASDAQ:FB
One projection that can send the price to test the super and all time trendline;
By default, the projection of a bearish symmetrical triangle is equal to the previous and most recent move above that triangle, starting at the last "point" of the corrective structure or consolidation structure...
Now, we have an ABC inside the triangle already forged, and i am using that point "C" to set the projection as starting point, but if the price print us a more complex structure as an "abcde" pattern inside this triangle (like a 5 waves structure) we should adjust that same projection from point "E", that will be the new impulse leg that can/will give us a structure breakout.
This all move projection at major trendline can be interpreted as an abc major correction.
Safe Trades;
One projection that can send the price to test the super and all time trendline;
By default, the projection of a bearish symmetrical triangle is equal to the previous and most recent move above that triangle, starting at the last "point" of the corrective structure or consolidation structure...
Now, we have an ABC inside the triangle already forged, and i am using that point "C" to set the projection as starting point, but if the price print us a more complex structure as an "abcde" pattern inside this triangle (like a 5 waves structure) we should adjust that same projection from point "E", that will be the new impulse leg that can/will give us a structure breakout.
This all move projection at major trendline can be interpreted as an abc major correction.
Safe Trades;
Nota
Example of a projection in a similar situation, this is Dax:Nota
clonesNota
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
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.
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
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.