the map has changed since summer update
as the price couldn't breakout further up
it is still ABC (white) correction in wave 4 (yellow)
however, the wave C is unfolding within the ending diagonal
we can see 4 waves within it are over
last wave is in progress to the downside
it can hit $48 level on the downside of diagonal
after that, the reversal to the upside in large wave 5 is expected
the conservative target could hit the all-time high around $121
there is a volume profile barrier detected between $74 and $83 marks
as the price couldn't breakout further up
it is still ABC (white) correction in wave 4 (yellow)
however, the wave C is unfolding within the ending diagonal
we can see 4 waves within it are over
last wave is in progress to the downside
it can hit $48 level on the downside of diagonal
after that, the reversal to the upside in large wave 5 is expected
the conservative target could hit the all-time high around $121
there is a volume profile barrier detected between $74 and $83 marks
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.