Chainlink shows a clear sign that an inner impulsive move is coming to an end.
This chart shows a clear textbook illustration of Elliott Wave analysis.
After forming the diagonal, an impulsive move has ended. Now is the time for an A-B-C correction, and that small correction is going to create a wave 2 move on the daily timeframe.
If we consider the Fed + BOJ rate decisions in the coming days, this chart makes even more sense.
No need for complicated explanations. First down, then up. Simple as that.
This chart shows a clear textbook illustration of Elliott Wave analysis.
After forming the diagonal, an impulsive move has ended. Now is the time for an A-B-C correction, and that small correction is going to create a wave 2 move on the daily timeframe.
If we consider the Fed + BOJ rate decisions in the coming days, this chart makes even more sense.
No need for complicated explanations. First down, then up. Simple as that.
Trade fechado: objetivo atingido
Link has reached its wave B target, do not try to short anything, market is bullish. Analysis might be invalidated easily.
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.
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.