CFD Tunai US 100Telah dikemas kini Elliott Wave forecast: Three bearish scenarios
This chart assumes we're in Primary Wave A of Cycle Wave 4.
First scenario is a 5-3-5 sequence Zigzag.
Wave C may be extended out to any length.
Second scenario is an ABCD harmonic.
If this plays out, you can actually draw an XA leg (X placed at the June 8th-9th pivot) to form a Bearish Gartley.
Regardless, short entry near the 38.2% retracement is worth eyeing.
TP target is 1.618 fib extension of D-A
Third scenario is the ascending wedge to draw out the alternation bear sideways Wave 4.
Refer to the white dotted lines
Here's the Cycle Wave (Extended Wave 3: extension undefined) these scenarios are predicated on:
Here's a closer look at the Gartley harmonic:
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Note the point of this chart is purely to exercise EW theory.
Note price has broken above the downward trendline (white dashed line), which is technically Bullish.
---
Disclaimer: I am new to EW theory and don't claim this analysis is free of mistakes or errors with respect to EW principles and rules.
First scenario is a 5-3-5 sequence Zigzag.
Wave C may be extended out to any length.
Second scenario is an ABCD harmonic.
If this plays out, you can actually draw an XA leg (X placed at the June 8th-9th pivot) to form a Bearish Gartley.
Regardless, short entry near the 38.2% retracement is worth eyeing.
TP target is 1.618 fib extension of D-A
Third scenario is the ascending wedge to draw out the alternation bear sideways Wave 4.
Refer to the white dotted lines
Here's the Cycle Wave (Extended Wave 3: extension undefined) these scenarios are predicated on:
Here's a closer look at the Gartley harmonic:
---
Note the point of this chart is purely to exercise EW theory.
Note price has broken above the downward trendline (white dashed line), which is technically Bullish.
---
Disclaimer: I am new to EW theory and don't claim this analysis is free of mistakes or errors with respect to EW principles and rules.
Nota
Full wave count:Nota
Price rejected at Intermediate Wave 4 fib projection. If 12.6k holds then we could still be in Primary Wave A (of Cycle Wave 4)
Alternative count that's less bearish:
Assumes a double zigzag pattern:
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.