Previous 3 weeks candles resulted in bearish wicks
Daily today was bullish but preceding 3 candles were bears
It appears we might have completed the 5th wave in wave C to complete wave 2
Ideally, would like to see price move below 20.04 (prior wave 4 low of wave 5) to suggest more weakness ahead so will wait if prices move in that direction before taking a short
Alternate is that wave 4 is not complete yet and were moving further in 5. Either way, a move above 20.95 invalidates the bearish count
Daily today was bullish but preceding 3 candles were bears
It appears we might have completed the 5th wave in wave C to complete wave 2
Ideally, would like to see price move below 20.04 (prior wave 4 low of wave 5) to suggest more weakness ahead so will wait if prices move in that direction before taking a short
Alternate is that wave 4 is not complete yet and were moving further in 5. Either way, a move above 20.95 invalidates the bearish count
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.