The market got me today. Wave 4 dipped further and I got stopped out when I was asleep. I did not dare to jump in again when awake looking at all those red candles. However, after analysis, I am still confident we are witnessing steep 4rth wave. I will be able to get back in only at London's open. That's 8.5 hours away.. It would be good if the Asian session is spent to form wave 1-2 so I can get in even with more confidence.
Why I am so sure that we are in the uptrend this week. I cannot post low-timeframe charts here but on the lower timeframes, it is seen that wave 4 subdivides in wyz (3-3-3) corrective patterns. At this point, no indicators are helpful to forecast a steep surge, it is just down to good labelling and trusting the Elliott rules.
Why I am so sure that we are in the uptrend this week. I cannot post low-timeframe charts here but on the lower timeframes, it is seen that wave 4 subdivides in wyz (3-3-3) corrective patterns. At this point, no indicators are helpful to forecast a steep surge, it is just down to good labelling and trusting the Elliott rules.
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.
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.