Today wave 2, which shaped as a simple Zigzag finished to formed itself and chart just touched Golden ratio of the wave 1 and had started to develop 3 wave. I wrote proportions between waves in correction and mark Reversal Fibo Cluster above in the chart. Approx target of the wave 3 is 1.37000
Secondary confirmation reversal signals: 1. RSI Divergence H4; 2. MacD Divergence H4; 3. Candle of the absorption H4
Chart shown great reversal at Golden Ratio area, I have no doubt that it's 3 wave started today. I opened trade at 1.32800, when chart started to come back to resistance line 1.33000 after falling, cause I was expected it. SL at 1.32450 and TP 1.37000
Trade aktif
Chart didn't penetrate begining of 1 wave and stoped at 0.786 Fibo, so cycle is still going on I think :)
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.
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.