Use this as a guide to develop your view of the chart:
Main items we can see on the weekly timeframe:
a)The price has achieved our Weekly Target which was the Fibo Extension of the 3rd Motive Wave / On the same zone we detected a resistance before 2015
b)Now we expect a corrective Structure similar to the previous one. From there, we will make new conclusions
c)By now, our only task is to wait and have enough information to develop a new setup (check the link to related ideas to see the previous forecast.)
d)Using Elliott Wave Theory, we can conclude that the five motive waves are completed, and a correction should come.
Main items we can see on the weekly timeframe:
a)The price has achieved our Weekly Target which was the Fibo Extension of the 3rd Motive Wave / On the same zone we detected a resistance before 2015
b)Now we expect a corrective Structure similar to the previous one. From there, we will make new conclusions
c)By now, our only task is to wait and have enough information to develop a new setup (check the link to related ideas to see the previous forecast.)
d)Using Elliott Wave Theory, we can conclude that the five motive waves are completed, and a correction should come.
Pubblicazioni correlate
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.