Dixon Technologies (1H) – Elliott Wave Update 🚀
The 1-hour chart shows a clear bullish structure with Wave (1) likely completed and Wave (2) correction finished.
🔹 Price has respected the rising trendline and broken above recent resistance.
🔹 The current move suggests the beginning of Wave (3).
🔹 If this count is correct, Wave 3 of a larger Wave 3 could be developing, which is typically the strongest and fastest phase of the trend.
🔹 Sustaining above the Wave (2) low keeps the bullish structure intact.
📈 A breakout above the recent high can confirm Wave (3) acceleration, opening the door for a strong upside move.
"Wave (2) appears complete. Wave (3) is underway — bulls are gaining momentum." 🚀
The 1-hour chart shows a clear bullish structure with Wave (1) likely completed and Wave (2) correction finished.
🔹 Price has respected the rising trendline and broken above recent resistance.
🔹 The current move suggests the beginning of Wave (3).
🔹 If this count is correct, Wave 3 of a larger Wave 3 could be developing, which is typically the strongest and fastest phase of the trend.
🔹 Sustaining above the Wave (2) low keeps the bullish structure intact.
📈 A breakout above the recent high can confirm Wave (3) acceleration, opening the door for a strong upside move.
"Wave (2) appears complete. Wave (3) is underway — bulls are gaining momentum." 🚀
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.