Ever since the first crash in 2002 1.05% I felt it was possible that was just the first wave of a 3 wave connection. The last the hope of this bearish pattern realistically is that this is what the EWT 0.41% folks call a irregular flat. IFFFFFF this is the case the common Fibonacci relationships are the the "BB" wave is 1.272 or 1.38 x the "AA" wave. We are approaching that area (147.90-158.98). Notice the midline of the current up channel supported the up action til 2015 and after dropping below it has not returned to the midline. I would would think if this is part of a bearish pattern the midline would now be a resistance line.
As with all EWT 0.41% patterns this should be seen as something to help you anticipate. But wait for price action indicators you normally use to trade.
Take care. Feedback welcome.
As with all EWT 0.41% patterns this should be seen as something to help you anticipate. But wait for price action indicators you normally use to trade.
Take care. Feedback welcome.
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.