Ascending EW base channel
The channel is made by drawing a parallel channel from the start of WAVE 1 to the end of WAVE 2 to the end of WAVE 1.
In EW channeling theory you will like to see a WAVE 3 which goes above the channel's top band- CHECK
For WAVE 4 you want to see a re-entry into the channel and preferably price-action not going down the mid band of it - CHECK
The objective of WAVE 5 will be a zone between the 1 to 1 ratio of WAVE 1 and the 132% of the WAVE 4. This zone is defined by the RED Rectangle in the chart!
In EW channeling theory you will like to see a WAVE 3 which goes above the channel's top band- CHECK
For WAVE 4 you want to see a re-entry into the channel and preferably price-action not going down the mid band of it - CHECK
The objective of WAVE 5 will be a zone between the 1 to 1 ratio of WAVE 1 and the 132% of the WAVE 4. This zone is defined by the RED Rectangle in the chart!
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.