What I'm seeing (and I could always be wrong) is a 5-3-5 corrective pattern. The 5th wave of (A) will be an ending diagonal at around 77.90, which will lead up to a (B) wave that will close between the 0.382 and 50% fib area. Then it will make it's descent down to the major support/demand area around 57-47 range to complete wave (C).
The (C) went could be shortened or whatever, but when looking at the weekly that major support looks like a landing pad.
But again my TA is just a reference to whatever you are seeing. I will be closing my shorts when the (B) is identified. Probably here soon, then riding the wave till it produces a closed swing for me up finish shorting.
Happy Easter 🐇
The (C) went could be shortened or whatever, but when looking at the weekly that major support looks like a landing pad.
But again my TA is just a reference to whatever you are seeing. I will be closing my shorts when the (B) is identified. Probably here soon, then riding the wave till it produces a closed swing for me up finish shorting.
Happy Easter 🐇
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.
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.