the map has changed since summer update
as the price couldn't breakout further up
it is still ABC (white) correction in wave 4 (yellow)
however, the wave C is unfolding within the ending diagonal
we can see 4 waves within it are over
last wave is in progress to the downside
it can hit $48 level on the downside of diagonal
after that, the reversal to the upside in large wave 5 is expected
the conservative target could hit the all-time high around $121
there is a volume profile barrier detected between $74 and $83 marks
as the price couldn't breakout further up
it is still ABC (white) correction in wave 4 (yellow)
however, the wave C is unfolding within the ending diagonal
we can see 4 waves within it are over
last wave is in progress to the downside
it can hit $48 level on the downside of diagonal
after that, the reversal to the upside in large wave 5 is expected
the conservative target could hit the all-time high around $121
there is a volume profile barrier detected between $74 and $83 marks
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.