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IFIX - losses ahead

178
FOLLOW SKYLINEPRO TO GET UPDATES. IFIX should be finishing minute wave 5 up of a minor C of a intermediate B corrective wave. In this scenario, the index should decrease 10 to 20% if this primary wave 4 is a triangle formation or should go below 1900, up to June 2020, if this formation is a zigzag ABC pattern.
Not
The correction up has been extended more time then usual for this formation. IFIX is tracing a long intermediate B correction and it seems to be in its final leg up, tracing minor wave C. The most probable target would be at 2,790, after this it should start a long move down to levels lower the previous intermediate wave A.

See most recent post on the channel

IFIX - one more leg up before reversal to downside

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.