Use this as a guide to develop your view of the chart:
Main items we can see on the weekly timeframe:
a)The price has achieved our Weekly Target which was the Fibo Extension of the 3rd Motive Wave / On the same zone we detected a resistance before 2015
b)Now we expect a corrective Structure similar to the previous one. From there, we will make new conclusions
c)By now, our only task is to wait and have enough information to develop a new setup (check the link to related ideas to see the previous forecast.)
d)Using Elliott Wave Theory, we can conclude that the five motive waves are completed, and a correction should come.
Main items we can see on the weekly timeframe:
a)The price has achieved our Weekly Target which was the Fibo Extension of the 3rd Motive Wave / On the same zone we detected a resistance before 2015
b)Now we expect a corrective Structure similar to the previous one. From there, we will make new conclusions
c)By now, our only task is to wait and have enough information to develop a new setup (check the link to related ideas to see the previous forecast.)
d)Using Elliott Wave Theory, we can conclude that the five motive waves are completed, and a correction should come.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.