AlphaGroup20

AlphaGroup20

A good penetration of the downtrend with the formation of the Bearish pennant and stability above it .....

AlphaGroup20

Whatch out

AlphaGroup20

On the 15-minute frame, he is now trying to break through the downtrend. If he succeeds in this and closes the candle above it, his first target will be 20,000 and the 20,500.. We follow

AlphaGroup20

If we want to consider that the decline from the top of 69K is a five-wave, and that wave 2 is a correction and the current wave 4 is also a correction, then we have left before us the fifth wave, which is between 16k 15K in the green area so that we can say that the wave has ended and begins to form an upward wave targeting the red area Between 25k and 27k, and...

AlphaGroup20

This is the closest scenario that happens now that he has finished the corrective wave. I think there will be what is called a leading diagonal wave. It is very possible that it is composed of (A, B, C, D, E) or of (A, B, C) only, but in all cases it will be A bullish correction wave...we will follow and see

AlphaGroup20

Breaking the downtrend with good momentum and at a bottom