■Outlook of NI225 on 3D chart.
We are probably in the B-wave shown as green line.
The B-wave chart pattern is probably Triple three WXY.
The W-wave is Regular Flat.
The X-wave is Zigzag.
The W-wave greatly exceeded the A-wave's Fibonacci level of 61.8%.
The B-wave on upper degree may have reached the target price already. From now on, Only time may be updated.
For the above reason, I think Y-wave is probably a Triangle pattern.
Last time my idea.
■Jan 9, 2022. Long-term analysis.
We are probably in the B-wave shown as green line.
The B-wave chart pattern is probably Triple three WXY.
The W-wave is Regular Flat.
The X-wave is Zigzag.
The W-wave greatly exceeded the A-wave's Fibonacci level of 61.8%.
The B-wave on upper degree may have reached the target price already. From now on, Only time may be updated.
For the above reason, I think Y-wave is probably a Triangle pattern.
Last time my idea.
■Jan 9, 2022. Long-term analysis.
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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.