5th Final Wave
AB = CD : Both these wave are impulse waves and impulse waves are made of 5 counts.
Market is in its 4th correctional stage of impulse wave (CD)
4TH wave is holding support at 50% correction of wave 3, this level also intersects with 50MA (tells us how strong the level is for possible bounce off.
If wave 4 breaks this level and trades bellow wave 1 the entire setup becomes invalid.
Pay attention to lower timeframe price action around the level for entry on buying 5th final wave.
Market is in its 4th correctional stage of impulse wave (CD)
4TH wave is holding support at 50% correction of wave 3, this level also intersects with 50MA (tells us how strong the level is for possible bounce off.
If wave 4 breaks this level and trades bellow wave 1 the entire setup becomes invalid.
Pay attention to lower timeframe price action around the level for entry on buying 5th final wave.
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.