Tech idea :
Probability here is we are in the
development of wave 2 from our wave 1 impulse
Wave 2 - Zig zag /// Sharp
Wave 2 - 0.382x wave 1
Wave 3 - 2.618x wave 1
wave 4 - Double zz // Style : Sideways
Wave 4 - Doesn't even meet 0.146x wave 3
Wave 5 - 0.382x 1-4 ( Ending Diagonal )
Strengths : Strong impulsive 3rd wave showed divergence for the 5th wave confirmation
Weaknesses : Wave 4 doesn't even touch 0.146x which again leads me back to this possibly being a continued
"Wave 4 correction".
Now "Time Fibonacci wise" we haven't even
touched 0.236 so if this is the "Wave 2" this correction is ongoing in confluence our 2nd wave hasn't even touched "0.236x"
Summary : Honestly I wanna see more from the market in this stance
, showing confirmation or any signal its following this count.
Probability here is we are in the
development of wave 2 from our wave 1 impulse
Wave 2 - Zig zag /// Sharp
Wave 2 - 0.382x wave 1
Wave 3 - 2.618x wave 1
wave 4 - Double zz // Style : Sideways
Wave 4 - Doesn't even meet 0.146x wave 3
Wave 5 - 0.382x 1-4 ( Ending Diagonal )
Strengths : Strong impulsive 3rd wave showed divergence for the 5th wave confirmation
Weaknesses : Wave 4 doesn't even touch 0.146x which again leads me back to this possibly being a continued
"Wave 4 correction".
Now "Time Fibonacci wise" we haven't even
touched 0.236 so if this is the "Wave 2" this correction is ongoing in confluence our 2nd wave hasn't even touched "0.236x"
Summary : Honestly I wanna see more from the market in this stance
, showing confirmation or any signal its following this count.
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.
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.