Trying to keep this clean and not had much time to study the theory exactly!
What's drawing me to this pattern the most is the trend lines (brown/orange)
IF, 1,2,3,4,5 (Blue)and we've hit wave 5 already. We're very much in the corrective phase (Green).
B to C I've drawn the fib highest high to the lowest low (This is trading logic, not sure this is how waves are measured for correctve waves).
Just to provide an idea given so much uncertainty in the market. :) Need more time to check the technicals, for me this is a good start.
If I had to commit, and I will. Nothing to me at the moment looks bearish! That's my point of view. Just not spot on yet!
What's drawing me to this pattern the most is the trend lines (brown/orange)
IF, 1,2,3,4,5 (Blue)and we've hit wave 5 already. We're very much in the corrective phase (Green).
B to C I've drawn the fib highest high to the lowest low (This is trading logic, not sure this is how waves are measured for correctve waves).
Just to provide an idea given so much uncertainty in the market. :) Need more time to check the technicals, for me this is a good start.
If I had to commit, and I will. Nothing to me at the moment looks bearish! That's my point of view. Just not spot on yet!
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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.