EW scenario, but im not taking the wave just the fibo
wave 4 = 0.382 retracement
after wave 5 can drop to 0.5 retracement
but I'm playing safe, waiting retracement to 1990 from 204x
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I never rely on EW, but sometimes I still used the wave to determine the fibo target
is it reliable? no
but before the wave I already eye on 2040 area
the EW information:
1898 drop to 195x
retest 1938-1944 support
other than that it just common target used by usual TA
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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.
is it reliable? no
but before the wave I already eye on 2040 area
the EW information:
1898 drop to 195x
retest 1938-1944 support
other than that it just common target used by usual TA