Redrew waves using the linear scale. End of wave 5 soon, possibly correction. Should be violent based on the week's movement but with all the new FOMO investors it may not be. I think the end of the downtrend is coming but the overall drawing (h&s pattern) is speculation
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Dagangan aktif
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Trade progressing nicely as you can see. Expect the unexpected. It's possible to go even as low as 0.003 if we consider this 5 wave impulse to be wave 1 of a larger wave and the current correction to be wave 2. Wave 2 can go as low as wave 1 and still obey the rules.Nota
Currently at the right shoulder of the pattern I drew, expect sharp downturn today if this is the right call. Also in my original update I meant "end of uptrend" not downtrend obviously. Tiring week.Nota
In addition to the head and shoulders we have a symmetrical triangle forming. As you know this is a neutral pattern, but given the h&s accompanying it I'm expecting it to break downwardsNota
H&S played out perfectly. We're moving towards oversold now and godmode has been pretty low for a while. Could see some pullback today but overall I still think lower. Probably need to test 0.008 and re-evaluate
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Reversal pattern here, interesting next few hours
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Broke it downwards. Down we goooooo
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Closed, expecting bullish now, correction should be overNota
Hit the bottom I called originally
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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.