Tron trx Rose via triangular diagonal Elliot and fall via same ( if you thinking about correction of first wave then the starting 3 waves of down wave are ABC of rising wave) !
Focusing other other timeframe charts we get :
On the Daily Chart, current price is completing Wave 2 and the theory tells us Wave 3 is typically (not always) the longest Impose Wave.
On the Weekly Chart, last week closed with a doji and as of the moment a bullish inverted hammer appears to be forming (week just started).
We can draw H and S there but in downtrend won't like to draw that !
Overall there are many indications of reversal and we could see that soon !
Focusing other other timeframe charts we get :
On the Daily Chart, current price is completing Wave 2 and the theory tells us Wave 3 is typically (not always) the longest Impose Wave.
On the Weekly Chart, last week closed with a doji and as of the moment a bullish inverted hammer appears to be forming (week just started).
We can draw H and S there but in downtrend won't like to draw that !
Overall there are many indications of reversal and we could see that soon !
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.