if first blue A-B-C = (A) or (W), second blue A-B-C=(B) or (X), then we can expect wave (C) or (Y) to follow.
e.g. Green 1-2-3-4-5 = (C) or pink A-B-C = (Y)
We know that
Both cases suggest $60.96 could be the bullish target, a more conservative target could be re-test the end of first blue wave C at $58.50
Also just be aware that we cannot rule out other complex structures at this stage, e.g. first blue A-B-C = (A) second blue A-B-C = A of (B) etc etc ...
e.g. Green 1-2-3-4-5 = (C) or pink A-B-C = (Y)
We know that
- Wave (C) of a flat usually between 100% and 165% as long as wave (A)
- Wave (Y) of a double zigzag often about the same length as wave (W) (or common Fibonacci ratio o.618 or 1.618)
Both cases suggest $60.96 could be the bullish target, a more conservative target could be re-test the end of first blue wave C at $58.50
Also just be aware that we cannot rule out other complex structures at this stage, e.g. first blue A-B-C = (A) second blue A-B-C = A of (B) etc etc ...
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space
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.
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space
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.