Price is breaking out of this Triangle red wave 4 consolidation and we have an impulsive wave on the smaller time frame chart.
It looks to be finishing a fifth wave now therefore we can expect a pullback towards 55/56-ish before seeing it continue higher again.
The setup is of course invalidated if price drops below 51.80.
It looks to be finishing a fifth wave now therefore we can expect a pullback towards 55/56-ish before seeing it continue higher again.
The setup is of course invalidated if price drops below 51.80.
Not
UBER - Made a nice pullback as expected but it might not be over just yet as current rise might be just a wave 4. You can go long now or wait for a longer base to form first.
Not
It seems the correction was indeed not over but there's a high chance now that it did finish now.A move above ~55.5 without going below 53 ideally should take this towards 70 at first.
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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.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
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.