Current price action is unfolding in a 5-wave bearish structure wave (1) of ((3)) with wave ((V)) of 3 in progress.
A corrective ABC structure completed near the CISD zone.
Wave 3 extends to the 3.618 Fibonacci projection (~3,148), with wave 5 targeting a support block near 3,120–3,130.
Anticipated short-term retracement for wave 4, followed by one more impulsive drop into demand.
Indicators:
RSI shows consistent bearish momentum with room for divergence
A corrective ABC structure completed near the CISD zone.
Wave 3 extends to the 3.618 Fibonacci projection (~3,148), with wave 5 targeting a support block near 3,120–3,130.
Anticipated short-term retracement for wave 4, followed by one more impulsive drop into demand.
Indicators:
RSI shows consistent bearish momentum with room for divergence
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If you have any questions, please feel free to contact me.
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Disclaimer
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We share various trading signals every day, with an accuracy rate of over 90%.
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+g8sFXD0sIKZjZTBk
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+g8sFXD0sIKZjZTBk
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.