Tech Idea :
Wave 2 : Shallow
Wave 3 : Just above the "1" extension
Wave 4 : Projected common Retracement (0.382 -0.5)
Alternation : Wave 2 (Regular Flat -Sideways) ///
Wave 4 : Projected (Sharp Double zigzag).
Strengths : Alternation , would be at the lower degree
"4th waves" where we could find support,
we are also at an area with "High Volume" .
We are close to the time in "Wave 2" for "Wave 4"
Forecast : I believe if we get all the right necessary signs of a
potential reversal as we get lower this count will continue to be valid
and we will lead on to another "5th wave"
Wave 2 : Shallow
Wave 3 : Just above the "1" extension
Wave 4 : Projected common Retracement (0.382 -0.5)
Alternation : Wave 2 (Regular Flat -Sideways) ///
Wave 4 : Projected (Sharp Double zigzag).
Strengths : Alternation , would be at the lower degree
"4th waves" where we could find support,
we are also at an area with "High Volume" .
We are close to the time in "Wave 2" for "Wave 4"
Forecast : I believe if we get all the right necessary signs of a
potential reversal as we get lower this count will continue to be valid
and we will lead on to another "5th wave"
Disclaimer
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.
Disclaimer
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.