$JSEDSY - Discovery: At An Interesting Juncture
See link below for previous analysis.
Discovery has traced out the three wave decline I forecasted after the five wave advance from 10073 to 16042.
The decline is labelled as a zigzag with a triangle wave and wave [c] is now near the support trendline of the falling channel.
There is no evidence of a reversal yet.
For this bullish, bigger picture ABC outlook to remain valid, wave B must terminate above 10073.
I will remain neutral until price action gives signs of a reversal.
Discovery has traced out the three wave decline I forecasted after the five wave advance from 10073 to 16042.
The decline is labelled as a zigzag with a triangle wave and wave [c] is now near the support trendline of the falling channel.
There is no evidence of a reversal yet.
For this bullish, bigger picture ABC outlook to remain valid, wave B must terminate above 10073.
I will remain neutral until price action gives signs of a reversal.
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.