The price is progressing into Wave 3 upside.
If you are a newbie for technical analysis, this research is not a post for you. especially for those who want to trade, I will create a complete report with trading level by using a lower Timeframe shortly.
Weekly/2000-8 - EW cycle completed.
W4 divides the entire price range about 50%
Let's focus 3 waves:
2000-8 - 3 wave(4W = .5 of W3) & W5 higher degree.
Weekly-2009/13 - EW cycle completed.
2009-13 - (all waves are about equally)
* W2 = 0.382 of 1W
* W4 = 0.382 of 3W
We are not going to work on this 3rd wave of 2009-13 data
Weekly-2009/13 - EW cycle completed.
Fib. divider for W4 at.618 Golden section and 3rd wave are extended.
Let's focus on Wave 3:
* W i = ladder style 5 waves
* W iii = extended
* W v = .618 of i --> iii
* W ii = 0.382 of i W
* W iv = 0.226 of iii W
If you are a newbie for technical analysis, this research is not a post for you. especially for those who want to trade, I will create a complete report with trading level by using a lower Timeframe shortly.
Weekly/2000-8 - EW cycle completed.
W4 divides the entire price range about 50%
Let's focus 3 waves:
2000-8 - 3 wave(4W = .5 of W3) & W5 higher degree.
- W2 = 0.786 of 1W
- W4 = 0.5 of 3W
- W5 = Extended 2.618 (1)-->(3) & higher degree
- ABC correct is NOT overlapped W3
Weekly-2009/13 - EW cycle completed.
2009-13 - (all waves are about equally)
* W2 = 0.382 of 1W
* W4 = 0.382 of 3W
We are not going to work on this 3rd wave of 2009-13 data
Weekly-2009/13 - EW cycle completed.
Fib. divider for W4 at.618 Golden section and 3rd wave are extended.
Let's focus on Wave 3:
* W i = ladder style 5 waves
* W iii = extended
* W v = .618 of i --> iii
* W ii = 0.382 of i W
* W iv = 0.226 of iii W
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.