The 5 th wave fall on 3rd Nov'22 had not moved down the index significantly.
hence we must recall the wave count that ,the correction (5 wave downfall ) is completed in the form of a neutral triangle abcde.
Provided the low of 3rd Nov'22 (3698) respected(should not break).
If this is so, until 11th Nov, all 5 waves of Expanding triangle A,B,C,D,E has been completed, and a new recovery wave ABC (3 waves)will start.
This may begin with a santa claus rally from 14th Nov'22
hence we must recall the wave count that ,the correction (5 wave downfall ) is completed in the form of a neutral triangle abcde.
Provided the low of 3rd Nov'22 (3698) respected(should not break).
If this is so, until 11th Nov, all 5 waves of Expanding triangle A,B,C,D,E has been completed, and a new recovery wave ABC (3 waves)will start.
This may begin with a santa claus rally from 14th Nov'22
Nota
BUY ONLY AFTER FRIDAY UNTIL WATCHNota
target time mentioned as 18th may extend to 23rd NovTrade fechado manualmente
long target reached 4040 ,look for short from next week
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.
