Hello traders,
The bigger WXYXZ structure looks to be complete and we have no evidence that suggests it isn’t. Therefore, at this point I am more inclined to say that the possibility of a reversal or a bigger correction at least is more likely than one more low coming.
However if you want to buy this you need to be careful that it does not just retrace a few dollars and then fall to make a new low again.
Look for a solid impulse to the yellow trend line, then watch for a correction and look for your entries on lower time frames.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
The bigger WXYXZ structure looks to be complete and we have no evidence that suggests it isn’t. Therefore, at this point I am more inclined to say that the possibility of a reversal or a bigger correction at least is more likely than one more low coming.
However if you want to buy this you need to be careful that it does not just retrace a few dollars and then fall to make a new low again.
Look for a solid impulse to the yellow trend line, then watch for a correction and look for your entries on lower time frames.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
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.