ETH: Maybe a drop before we go to the top ..
Blue leg 2 has currently retraced approx. 40%.
(A) An ascending triangle (brown) has formed
which may cause a break-out to the top
and the continuation of leg 3
(B) If the correction of 40% retracement
is not completed the red ascending wedge
may let it drop to 0.5 Fib or
(C) it may possibly drop to 0.618 Fib before
starting leg 3
Wait for the break-out to confirm the
direction of future price action
No financial advice
Educational purposes only
(A) An ascending triangle (brown) has formed
which may cause a break-out to the top
and the continuation of leg 3
(B) If the correction of 40% retracement
is not completed the red ascending wedge
may let it drop to 0.5 Fib or
(C) it may possibly drop to 0.618 Fib before
starting leg 3
Wait for the break-out to confirm the
direction of future price action
No financial advice
Educational purposes only
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.