** IT'S NOT AN OPPORTUNITY TO BUY YET !!!!
Price is moving in 5 ways to the downside since the selloff from 6000
Wave 1,3 & 5 will go lower where as waves 2 & 4 will go counter trend and correct a % of the previous move.
Wave 3 is often the extended wave, meaning it's the longest and you should be able to count 5 subwaves inside it.
Once those 5 waves end, we get wave 3, after wich comes a correction higher in wave 4 in a 3 waves manner(abc for example) or a more complexe correction(but still just a correction !).
I'm confident we have those 5 waves down as a wave (3), now price is therefore in a correction higher for wave (4).
After wave (4) ends (should be near 0.382 level ~4500 ideally), look for price to fall a bit further for wave (5) near the 3100 level (or possibly lower)
Price is moving in 5 ways to the downside since the selloff from 6000
Wave 1,3 & 5 will go lower where as waves 2 & 4 will go counter trend and correct a % of the previous move.
Wave 3 is often the extended wave, meaning it's the longest and you should be able to count 5 subwaves inside it.
Once those 5 waves end, we get wave 3, after wich comes a correction higher in wave 4 in a 3 waves manner(abc for example) or a more complexe correction(but still just a correction !).
I'm confident we have those 5 waves down as a wave (3), now price is therefore in a correction higher for wave (4).
After wave (4) ends (should be near 0.382 level ~4500 ideally), look for price to fall a bit further for wave (5) near the 3100 level (or possibly lower)
Catatan
Look for ~3000 nowCatatan
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Catatan
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
Publikasi terkait
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.