Weekly outlook on 
TECT Tectonic Metals.
Looking for the current consolidation to complete in either a wave 4 or X. after which I'm expecting a continuation higher towards the red target zone.
More comments on the chart.
A few caveats:
1. Some of the projections i have put forward are based on estimates of uncompleted waves, once i feel i can anchor the next wave i will update the chart and recalculate the levels for the next wave, the chart is an evolving puzzle and there is only so much we can determine based on the information we have.
2. I put more emphasis on price levels as opposed to time, dependent on volatility the waves could play out quickly or prolonged, i do factor in an element of 'the right look' in terms of wave proportionality, but also want the patterns i am projecting to be easily visible on the outlook, so bear that in mind.
Note: i create my outlooks with the browser tabs hidden (F11) so if they look squashed, that is why.
If you appreciate my analysis then please show your appreciate with a like, share and follow.
TECT Tectonic Metals.Looking for the current consolidation to complete in either a wave 4 or X. after which I'm expecting a continuation higher towards the red target zone.
More comments on the chart.
A few caveats:
1. Some of the projections i have put forward are based on estimates of uncompleted waves, once i feel i can anchor the next wave i will update the chart and recalculate the levels for the next wave, the chart is an evolving puzzle and there is only so much we can determine based on the information we have.
2. I put more emphasis on price levels as opposed to time, dependent on volatility the waves could play out quickly or prolonged, i do factor in an element of 'the right look' in terms of wave proportionality, but also want the patterns i am projecting to be easily visible on the outlook, so bear that in mind.
Note: i create my outlooks with the browser tabs hidden (F11) so if they look squashed, that is why.
If you appreciate my analysis then please show your appreciate with a like, share and follow.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.