Looks like we finished the wave 5. (last post)
I wonder if we do start the bigger correction now or do move back up from here and make new highs.
HTF Potential Target : 30K (0.382 fib)
I wonder if we do start the bigger correction now or do move back up from here and make new highs.
HTF Potential Target : 30K (0.382 fib)
Nota
So far I'm still under the impression we are in wave 4 (looking at the subdivisions)But its a really complex one and not getting the initial sell pressure I first expected.
we have not reached any significant fib level yet.
Nota
It is looking corrective on the subdivisions but inside some kind of rising wedge/triangle. (not what I expected since wave 2 was not deep/short.)Nota
This looks more like it.Overall the structure is not looking bearish and I do expect a break out to the upside soon.
Trade fechado: objetivo atingido
We did get the big correction after all, right in the green box *Magic*
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.