** 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)
Nota
Look for ~3000 nowNota
One more push lower coming hopefullyNota
Join me on Telegramt.me/em16trading
Nota
I will post my ideas here for easier access t.me/em16public
Nota
Sadly my Final 3100 Target was missed by 30dollars !Now it might be time to go long here.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.