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Five Wave move for LUNC complete
As ever, i'm no Elliot Wave count expert, but looks as though LUNC has completed a 5-wave up move.
Nicely up to the previous swing high of ~16000.
The fact that this 5 wave move is in itself part of a longer time move, and this is simply wave-1; only time will tell. If that is the case, maybe bring our attention to the 0.618 retracement zone to look for where price might land.
As messy as it is, and im sorry for that, but here you have some horizontal lines of resistance/support to watch on any retracement. Also overlaid is the fibonacci retracement mapping, with the key lines.
Wishing you all the best as ever.
Nicely up to the previous swing high of ~16000.
The fact that this 5 wave move is in itself part of a longer time move, and this is simply wave-1; only time will tell. If that is the case, maybe bring our attention to the 0.618 retracement zone to look for where price might land.
As messy as it is, and im sorry for that, but here you have some horizontal lines of resistance/support to watch on any retracement. Also overlaid is the fibonacci retracement mapping, with the key lines.
Wishing you all the best as ever.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。