Overview: let’s review the key points of the last update published on Jan. 7th 2023:
Update: our general expectations on this name have been perfect. The inverse H&S was broken to the upside (but without forming the second zigzag in wave (II), indicating the extreme bullishness on this name).
Looking into the hourly chart, I think we are close to the completion of wave a of (III), which will be followed by wave b of (III) to test the high of wave (I) and the neckline of the H&S pattern before launching higher as wave c of (III).
- we were tracking the formation of the inverse H&S as it was completing wave (I) of a of 5.
- I had an abc being completed in wave (II) and was expecting another zigzag in wave (II).
Update: our general expectations on this name have been perfect. The inverse H&S was broken to the upside (but without forming the second zigzag in wave (II), indicating the extreme bullishness on this name).
Looking into the hourly chart, I think we are close to the completion of wave a of (III), which will be followed by wave b of (III) to test the high of wave (I) and the neckline of the H&S pattern before launching higher as wave c of (III).
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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.
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.