HOUSTON, We are ready to take off!
(This is an alternative correction to the ABCDE-correction here)
D4 <3
(This is an alternative correction to the ABCDE-correction here)
D4 <3
Note
As you can see we are meeting extreme resistance cause we are trying to leave the Purple 70% Value Area. But I think we are going to make it!Note
And we are moving but got stop so far at 5,200 USD. We are in a zone of confluence resistance!Note
5230 now - IF we don't get higher we still have this scenario, which was my initial idea I told you about yesterday. It's always a good idea too have multiple scenarios in your head, so you quickly can adapt.Note
Beautiful :DNote
Had a really hard time to figure out this correction pattern. And we had invalidation in this one her, but also when I thought we instead would see a Flat 335 Structure. So its not easy, and sometimes it just doesn't make sense.I'm pretty sure that we will go higher. In fact that we will reach around 6,000 USD - and most likely higher. WHY?
Look here..
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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.