This is a very positive signal! Four consecutive wave degrees show a clear POSITIVE trend, as well as a positive EASI, which indicates that the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration! Check if the wave degrees are the time frames you trade. Attention daytraders! You could still profit from the upcoming small price move. From Micro to Lvl 11 Wave degrees the trends are all up. Most likely the target of the SubMicro wave degree, which is in wave 2, will be reached at 1.0758 or percentagewise 0.1756%. Normally also the target of the next wave degree could be reached at 1.0757, which is in wave 2 at the moment.
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.