Price action is compressing against horizontal resistance while riding a rising base, suggesting a completed 1–2 and positioning for an impulsive wave 3 breakout, followed by a wave 4 retest and a measured wave 5 extension.
Confirmation comes on a decisive breakout and hold above the range high; a brief throwback into former resistance is acceptable if structure stays intact.
Invalidation sits on sustained closes back below the rising trend line or a clean breach of the wave‑2 pivot, which would imply the structure is morphing into a corrective pattern.
Execution plan favors scaling on confirmation, trimming into projected wave 3 strength, re‑loading on a controlled wave 4 pullback, and final distribution into wave 5 targets.
If momentum stalls or gaps fail to hold, reduce risk and reassess the count versus an ABC/flat alternative.
Confirmation comes on a decisive breakout and hold above the range high; a brief throwback into former resistance is acceptable if structure stays intact.
Invalidation sits on sustained closes back below the rising trend line or a clean breach of the wave‑2 pivot, which would imply the structure is morphing into a corrective pattern.
Execution plan favors scaling on confirmation, trimming into projected wave 3 strength, re‑loading on a controlled wave 4 pullback, and final distribution into wave 5 targets.
If momentum stalls or gaps fail to hold, reduce risk and reassess the count versus an ABC/flat alternative.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.