Greetings, here an 15min Chart update for you :)
I adjusted the Wave 2 support as Wave 1 stretched a bit higher.
Wave 2 Support sits now between the 0.382 FIB at 230.78 USD and the 0.786 FIB at 218.57 USD now. Noteworthy is that the upper trendline of the triangle is around the same level as the 0.786 FIB of the projected Wave 2.
We can count an ABC move down marked as yellow which could finish the correction but we assume that this is only the red Wave A of the bigger red ABC.
We now want to see a corrective move up in red Wave B.
Thanks for reading.
NO FINANCIAL ADVICE.
I adjusted the Wave 2 support as Wave 1 stretched a bit higher.
Wave 2 Support sits now between the 0.382 FIB at 230.78 USD and the 0.786 FIB at 218.57 USD now. Noteworthy is that the upper trendline of the triangle is around the same level as the 0.786 FIB of the projected Wave 2.
We can count an ABC move down marked as yellow which could finish the correction but we assume that this is only the red Wave A of the bigger red ABC.
We now want to see a corrective move up in red Wave B.
Thanks for reading.
NO FINANCIAL ADVICE.
Note
Still looking for Wave 2 also updated the count, for more information check out my latest publication:
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.