Fibo 50% or 61.8% re-tracement may defend short-term bulls
Nota
close to a trend reversal ?
Nota
previous alter count won
Nota
bearish assumption
Nota
expanded flat still possible
Nota
Nota
Nota
it seems wave (b) has some unfinished business
Nota
triangle x or flat b ?
Nota
could be another c of (b) up
Nota
could be a complex (b) wave
Nota
the short-term decline is getting sharper, maybe wave (b) or (ii) is done
Nota
the short-term picture is not very clear, could be more sideways
Nota
well, if this is truly a bearish structure, we should see lower degree consolidations that may allow us to join with bears
Nota
Nota
still expecting wave (c) decline
Nota
The triangle (b) wave is no longer valid as DAX made a new high today This left us with 3 possible scenarios: - Expanded Flat wave 4 - Running Triangle wave 4 - Extended wave 3
Nota
bearish flag short set up
Nota
Nota
Nota
green wave {C} is about 2 times the length of green wave {A}, probably a good time to take the profit
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Anche su:
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.