A reversal began to emerge in the upper third of our grayed out Target Zone, prompting us to mark blue wave [2] as complete. In the now-unfolding, same-colored wave [3], we anticipate gains well above resistance at $0.31. At the same time, we assign a 33% probability to a deeper low of wave alt.[2]. In this case, however, we’d expect the reversal to happen no later than the blue (alternative) Target Zone ($0.22–$0.16), which would once again present an opportunity to initiate new long positions.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publikasi terkait
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.