My target has been reached, but I think one more litle push up is needed to complete the current impulse in miniscule degree.
After that, if an expanding triangle is in fact the corrective pattern underway, I expect an ABC or WXY pattern to unfold to the downside, which would have to go beyond the end of subminuette wave c (red).
One alternate count is to consider the correction already over, and if so, the current rally would be a series of nested 1-2, which would then take immediatelly the market to more new all time highs.
I choose my preferred count just because I can't understand the corrective pattern of the alternate count.
After that, if an expanding triangle is in fact the corrective pattern underway, I expect an ABC or WXY pattern to unfold to the downside, which would have to go beyond the end of subminuette wave c (red).
One alternate count is to consider the correction already over, and if so, the current rally would be a series of nested 1-2, which would then take immediatelly the market to more new all time highs.
I choose my preferred count just because I can't understand the corrective pattern of the alternate count.
Nota
Recounting current rally:
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.