Recount WAVE 5 (Bearish Market)
- Compare WAVE 3 & 5's MACD, WAVE 5 lost momentum compares to WAVE 3, double top formation
- Both Wave 3 of WAVE 5 & Wave 3 of WAVE 3 has RSI extreme reading, support Wave 3 count makes sense
- RSI trendline broke and now RSI is below 50 on weekly chart, which is really bearish
- Comparing time circle of WAVE 3 & 5, it shows WAVE 5 is shorter than WAVE 5 on time period
- Forecast its target on WAVE 4's low which is 1935, according to EW guideline
- Both Wave 3 of WAVE 5 & Wave 3 of WAVE 3 has RSI extreme reading, support Wave 3 count makes sense
- RSI trendline broke and now RSI is below 50 on weekly chart, which is really bearish
- Comparing time circle of WAVE 3 & 5, it shows WAVE 5 is shorter than WAVE 5 on time period
- Forecast its target on WAVE 4's low which is 1935, according to EW guideline
Publicações relacionadas
Aviso legal
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.