The trend phenomena can be bullish until 20th June 2022 based on the accumulation phase (iii) can continue.
The outcome of the up-move prediction is only on TimeCycle analysis. I prefer to make trade setup by Multiple Analyses while the outcome is in the same direction or one favor of direction analysis.
Therefore, I work on the Elliott wave for identifying direction on different time-frames, using Fibonacci retracement for support and resistance, and the price action analysis (for taking entry, exit, and finding protection of capital), etc.
The outcome of the up-move prediction is only on TimeCycle analysis. I prefer to make trade setup by Multiple Analyses while the outcome is in the same direction or one favor of direction analysis.
Therefore, I work on the Elliott wave for identifying direction on different time-frames, using Fibonacci retracement for support and resistance, and the price action analysis (for taking entry, exit, and finding protection of capital), etc.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.