Hello traders, DJI in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count we did did not have a natural form and was based only on the slope of the waves
In this count, waves 1 and 2 are perfect in our opinion.
But we can not be sure of the end of wave 3 and we can guess that inside wave 4 of wave 3 can also be.
Anyway, we'd rather count Wave 3 over, and now we're waiting for Wave 4 to form.
Wave 4 will be deep and time consuming according to Wave 2, and the minimum Fibonacci correction is 0.38.
To confirm the formation of this failure wave, the support marked with a purple dot is necessary.
And if the previous peak is broken upwards, this wave count is the field.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
The wave count we did did not have a natural form and was based only on the slope of the waves
In this count, waves 1 and 2 are perfect in our opinion.
But we can not be sure of the end of wave 3 and we can guess that inside wave 4 of wave 3 can also be.
Anyway, we'd rather count Wave 3 over, and now we're waiting for Wave 4 to form.
Wave 4 will be deep and time consuming according to Wave 2, and the minimum Fibonacci correction is 0.38.
To confirm the formation of this failure wave, the support marked with a purple dot is necessary.
And if the previous peak is broken upwards, this wave count is the field.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.