Why are we out side of channel?
I undestand that this is a bigining of a way up but we need to have a proper correction from the wave 1 of this new trend forming on daily/weekly.
I will never ever buy here.
The only thing that comes to my mind now is that this is a wolfe wave
(1,2,3,exaggerated 4)
stucture and this is a sign that we will go downwards in a violent way.
I undestand that this is a bigining of a way up but we need to have a proper correction from the wave 1 of this new trend forming on daily/weekly.
I will never ever buy here.
The only thing that comes to my mind now is that this is a wolfe wave
(1,2,3,exaggerated 4)
stucture and this is a sign that we will go downwards in a violent way.
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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.