Beautiful leading expanding diagonal having formed by UCAD over the past few weeks. I must say it has been a while since I've seen one of these
in this magnitude. Getting right to it, I am expecting a wave (C) impulse to the downside to complete the major ABC correction. Wave A consists
of a 3 wave structure, and so does wave B, this then provides the possibility of a flat correction structure. Let's see how it performs.
I will be sending entry and trade updates below so please do stay tuned if you are interested in this trade as well. Fell free to drop a comment
down below if you've got a counter perspective, I'm always open to learning new viewpoints. Hope you are having a lovely trading week.
Targets:
- 1.23700
- 1.23150
in this magnitude. Getting right to it, I am expecting a wave (C) impulse to the downside to complete the major ABC correction. Wave A consists
of a 3 wave structure, and so does wave B, this then provides the possibility of a flat correction structure. Let's see how it performs.
I will be sending entry and trade updates below so please do stay tuned if you are interested in this trade as well. Fell free to drop a comment
down below if you've got a counter perspective, I'm always open to learning new viewpoints. Hope you are having a lovely trading week.
Targets:
- 1.23700
- 1.23150
Dagangan aktif
Nota
As indicated in the publication chart, a 5 wave move is expected. Wave 1 and 2 seem to be complete. Expecting to ride wave 3 down.
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.