The move is starting according to the previously outlined plan.
The local reversal has likely occurred, and one of the sub-waves of C, specifically a downward impulsive wave, is being formed.
Let’s mark the initial targets:
473 -> 466 -> 458
The speed and strength of this downward move will provide insight into the overall market picture.
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The local reversal has likely occurred, and one of the sub-waves of C, specifically a downward impulsive wave, is being formed.
Let’s mark the initial targets:
473 -> 466 -> 458
The speed and strength of this downward move will provide insight into the overall market picture.
---
Please subscribe and leave a comment.
You’ll get new information faster than anyone else.
---
Trade closed: target reached
The main targets have largely been reached. Further analysis and next steps will be covered in a new idea.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.