The corrective structure for wave (2) looks to be complete. Next important mid-term resistance area: 248-345 (0.382-0.618% extension of wave (1)-(2)). In this resistance zone price may form a potential handle in long CaH patter before breaking out into long term uptrend towards next macro resistance zone: 589-820 and beyond (if following support structure holds)
Proposed structure is valid if price holds above august's lows (144)
Previous idea from Dec 2018 with updates: https://www.tradingview.com/chart/DUOL/E0kauKxc-DUOL-In-the-mid-term-resistance-zone/
Thank you for your attention!
📊 Daily FREE Market Insights | Crypto + US Stocks
⚡ Technical analysis, setups & commentary
🌍 t.me/MarketArtistryENG | 🇷🇺 t.me/marketartistry
Join and let's grow together! 🚀
⚡ Technical analysis, setups & commentary
🌍 t.me/MarketArtistryENG | 🇷🇺 t.me/marketartistry
Join and let's grow together! 🚀
Pubblicazioni correlate
Declinazione di responsabilità
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Daily FREE Market Insights | Crypto + US Stocks
⚡ Technical analysis, setups & commentary
🌍 t.me/MarketArtistryENG | 🇷🇺 t.me/marketartistry
Join and let's grow together! 🚀
⚡ Technical analysis, setups & commentary
🌍 t.me/MarketArtistryENG | 🇷🇺 t.me/marketartistry
Join and let's grow together! 🚀
Pubblicazioni correlate
Declinazione di responsabilità
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.