Uber has recently pushed higher toward resistance at $101.99 before pulling back noticeably from that level. This move aligns perfectly with our primary scenario, as we continue to expect a broader sell-off into the turquoise Target Zone between $68.29 and $59.15 as part of turquoise wave 4. Within this zone, we anticipate price will reverse and resume its broader upward trend, eventually breaking through the $101.99 resistance. However, if Uber reverses course soon and breaks above the $101.99 mark without setting new lows, we would then expect a new high for turquoise wave alt.3. We currently assign a 35% probability to such a delay in the ongoing upward impulse.
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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
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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.