Luna update
Zooming out to the weekly, we still see the double top (M) intact. (Keep in mind that D Tops can bust halfway down the last leg). Switching to the daily I'm looking for 5 waves down. Within those 5🌊 their will be subwaves. So I switch to the 4hr to count the subwaves. We are currently completing the corrective B 🌊 on the 4hr. May see some more sideways movement as prices remain around support. But if I'm right, 🤞🏾 we'll see fives waves heading upwards soon to complete the 5-3-5 pattern on the 4hr. I'm thinking it will end around the 103 resistance area. Once this pattern completes, I'll be looking for a sharp drop in price to follow the bigger pattern on the larger timeframe of 5 waves down.
So far all my directional predictions have been accurate. Earlier we were looking for an ABC Pattern after the 1st moon shot from the lows where the ending diagonal was. Now prices have corrected and if I'm accurate, there will be the leg up to the 100-103 area then back down.
So far all my directional predictions have been accurate. Earlier we were looking for an ABC Pattern after the 1st moon shot from the lows where the ending diagonal was. Now prices have corrected and if I'm accurate, there will be the leg up to the 100-103 area then back down.
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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.