After a bullish triple cycle ending with MA´s divergence, looking for the ending of the firs wave of a 2 wave corrective cycle with potential bearish H&S with the pullback to be completed down to 50% retracement of the last cycle.
After a 2 wave correction to the zone of 50% retracement of the last bearish triple cycle with MA´s divergence, looking to continue the bearish trend down to 61.8% and 100% extension.
Long term view Potential Bearish H&S with posible bullish regular divergence down to 61.8% extension.
Potential bullish H&S up to the 100% extension with potential ending bearish regular divergence
Developing the last wave down to 61.8% extension with potential bullish regular divergence.
Developing the las wave up of the triple bullish cycle ending with potential bearish regular divergence in order to look for a 2 wave corrective cycle down to 50% retracement.
Developing the last wave of a special cycle down to 261.8% extension with potential bullish regular divergence ending.
Developing the 2nd wave up to 50% retracement, confirmed by bullish hidden divergence, after a triple bearish cycle ending with bullish regular divergence.
After triple cycle with MA´s divergence on last wave up, looking for a 3rd posible new high and false break and then to begin the 2 wave corrective cycle down to 50% retracement.
Developing the 2nd wave of a corrective cycle after a triple cycle up with MA´s bearish divergence and confirmed with full convergence to the 50% retracement.
Potencial 2 wave corrective bearish cycle after a special bullish cycle ending with MA´s divergence. Looking for the 3rd false break and trend line breakout to confirm the corrective cycle down to 50% retracement.
After a bullish triple cycle ending with bearish regular divergence, now developing the 2nd wave of the corrective cycle down to 50% retracement.
Developing one last wave up with bullish hidden divergence and potential regular divergence giving the last wave impulse up to 100% extension.
Developing the last wave of a triple cycle up to 261.8% extension with potential bearish regular divergence at the end.
Long term Bearish cycle Developing to 100% extension with bearish hidden divergence, potential H&S and posible bullish regular divergence ending.
Developing the last wave of the triple cycle down with potential regular bullish divergence, in order to have posible 2 wave corrective cycle up to 50% retracement, and to continue the bearish trend.
Developing the corrective cycle confirmed by the H1 Head & Shoulder up to 100% extension and potential 161.8% with convergence principal and bullish divergence on the last triple cycle down.
After a 4h triple cycle down to 100% extension of the 2nd wave and ending with continuing divergence, and after the break out of the trend line, now developing the 2nd wave up to complete the bullish D1 head and shoulders pattern and corrective cycle up to 100% extension.