Summary : We got what we expected we rejected from Daily / 12hr supply and with that we expected to come down to "Monthly Demand" where we got a good reaction so with both we were correct. If you made money , Congrats!!!. Now how do I see us potentially ending? My idea here is a "Ending Diagonal" which leaves room for "Filling orders" to then make a run up. Also obviously if we somehow don't bounce and come below the "Monthly Demand" I expect to come "Extensively" more down but thats why we have "Risk management" for and "Invalidations" : ) .
- Rsi on Daily we still have "Bullish divergence", Aswell, Market Cipher on the Daily has printed a "Big Buy". Weekly Rsi we are coming into "Oversold Territory" and with that the past 2 times that has happened ,we've at least have had a "Strong Bounce".
-"Invalidations , are given on the chart for the "Ending Diagonal""
Weaknesses : 5th wave volume is starting downtrend but is still significantly high
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.