Merry Christmas chat,
We can observe a diagonal structure forming after the bottom formation on December 18.
What do you see?
1) A 50% correction of the decline thus more downside up-next (Flag pattern).
2) A diagonal wave 1 of 3 which sets the stage for a quick expansion upward.
Let me know you in the comment section..
From my previous post i pointed out the 23rd of December week as a top which is seemingly turning out to be a bottom(Alternation) if option 2 is right. So i believe there's more upside....
We can observe a diagonal structure forming after the bottom formation on December 18.
What do you see?
1) A 50% correction of the decline thus more downside up-next (Flag pattern).
2) A diagonal wave 1 of 3 which sets the stage for a quick expansion upward.
Let me know you in the comment section..
From my previous post i pointed out the 23rd of December week as a top which is seemingly turning out to be a bottom(Alternation) if option 2 is right. So i believe there's more upside....
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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.
Related publications
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.