Hi traders,
Overview: the best thing to say on this update is a sentence of my yesterday's idea: "I see wave (III) of c of X completed. Now, we should head lower to complete wave (IV) of c of X and then final push to complete wave X. Since wave (II) of c of X has been a deep zigzag correction, wave (IV) is most probably a shallow flat/triangle type of correction. A potential bottom point for wave (IV) can be 4065 area".
Update: exactly as expected, wave (IV) started developing as a flat correction and right now, we are in leg c of (IV). Potential targets for wave (IV) bottom (4065-4080):
From higher to lower degree waves:
1) Wave (IV) retracement of wave (III): 4067.5
2) Wave c ratio to wave a of (IV): 4071.25, 4082.5 and 4089.25
Overview: the best thing to say on this update is a sentence of my yesterday's idea: "I see wave (III) of c of X completed. Now, we should head lower to complete wave (IV) of c of X and then final push to complete wave X. Since wave (II) of c of X has been a deep zigzag correction, wave (IV) is most probably a shallow flat/triangle type of correction. A potential bottom point for wave (IV) can be 4065 area".
Update: exactly as expected, wave (IV) started developing as a flat correction and right now, we are in leg c of (IV). Potential targets for wave (IV) bottom (4065-4080):
From higher to lower degree waves:
1) Wave (IV) retracement of wave (III): 4067.5
2) Wave c ratio to wave a of (IV): 4071.25, 4082.5 and 4089.25
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.