Price appears to be near the completion of a wave C correction.
Price is falling below the S1 pivot, bringing up the next target of the golden pocket and High Volume Node. There is no weekly 200EMA. The series of macro ABC’s suggests upside targets may be limited to the R3 pivot.
🎯 Terminal target for the business cycle could see prices as high as $10 based on weekly pivots
📈 Weekly RSI is bearish, almost oversold with no divergence
👉 Analysis is invalidated below wave B at $0.43
Safe trading
Price is falling below the S1 pivot, bringing up the next target of the golden pocket and High Volume Node. There is no weekly 200EMA. The series of macro ABC’s suggests upside targets may be limited to the R3 pivot.
🎯 Terminal target for the business cycle could see prices as high as $10 based on weekly pivots
📈 Weekly RSI is bearish, almost oversold with no divergence
👉 Analysis is invalidated below wave B at $0.43
Safe trading
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
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.
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
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.