Are we building the wave (v) of an expanding diagonal ?
My scenario show a big ABC wave subwave of (v)
The A wave is subdivised in an impulse wave 1,2,3,4,5 that could finish near 10$
This scenario suggests a fast wave A that could be done in a week followed by the corrective wave B and finally an other move up with the wave C that could reach the1.618 level of Fibonacci.
-Rsi indicator show a divergeance
-Stochastic show a nice double bottom
My scenario show a big ABC wave subwave of (v)
The A wave is subdivised in an impulse wave 1,2,3,4,5 that could finish near 10$
This scenario suggests a fast wave A that could be done in a week followed by the corrective wave B and finally an other move up with the wave C that could reach the1.618 level of Fibonacci.
-Rsi indicator show a divergeance
-Stochastic show a nice double bottom
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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.
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.