We are in a corrective structure (ABC) - wave ((2)) - from the high of 1.25 - wave ((1))
There is a support trendline from the lowest point of Oct 2000, which was touched again at the start of wave ((1)), which I also believe we will touch again at 1.06 at the end of wave ((2)) early next year.
- We are now at wave B of the corrective structure, which is a flat (3-3-5), specifically wave c (5 small waves)
- After wave c, we will go down again for wave C of the corrective structure
- We may hit the .88 retracement from wave ((1)) before yearend, considering that wave C is an impulse wave.
There is a support trendline from the lowest point of Oct 2000, which was touched again at the start of wave ((1)), which I also believe we will touch again at 1.06 at the end of wave ((2)) early next year.
- We are now at wave B of the corrective structure, which is a flat (3-3-5), specifically wave c (5 small waves)
- After wave c, we will go down again for wave C of the corrective structure
- We may hit the .88 retracement from wave ((1)) before yearend, considering that wave C is an impulse wave.
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.
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.