Dixon Technologies (1H) – Elliott Wave Update 🚀
The 1-hour chart shows a clear bullish structure with Wave (1) likely completed and Wave (2) correction finished.
🔹 Price has respected the rising trendline and broken above recent resistance.
🔹 The current move suggests the beginning of Wave (3).
🔹 If this count is correct, Wave 3 of a larger Wave 3 could be developing, which is typically the strongest and fastest phase of the trend.
🔹 Sustaining above the Wave (2) low keeps the bullish structure intact.
📈 A breakout above the recent high can confirm Wave (3) acceleration, opening the door for a strong upside move.
"Wave (2) appears complete. Wave (3) is underway — bulls are gaining momentum." 🚀
The 1-hour chart shows a clear bullish structure with Wave (1) likely completed and Wave (2) correction finished.
🔹 Price has respected the rising trendline and broken above recent resistance.
🔹 The current move suggests the beginning of Wave (3).
🔹 If this count is correct, Wave 3 of a larger Wave 3 could be developing, which is typically the strongest and fastest phase of the trend.
🔹 Sustaining above the Wave (2) low keeps the bullish structure intact.
📈 A breakout above the recent high can confirm Wave (3) acceleration, opening the door for a strong upside move.
"Wave (2) appears complete. Wave (3) is underway — bulls are gaining momentum." 🚀
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.