The Elliott Wave indicator is currently showcasing a bearish structure on US30, with price trading below the key invalidation zone highlighted on the chart.
The candle state has also shifted bearish, confirming a weaker short-term structure and increasing the probability of continuation to the downside.
As long as price remains below the highlighted invalidation level, the bearish count remains active, and a new bearish leg could develop from here.
A break back above invalidation would weaken the current bearish scenario and force a reassessment of the wave structure.
Current bias: Bearish while below invalidation.
Scenario: Potential continuation into a new downside leg.
Invalidation: Highlighted level above price.
The candle state has also shifted bearish, confirming a weaker short-term structure and increasing the probability of continuation to the downside.
As long as price remains below the highlighted invalidation level, the bearish count remains active, and a new bearish leg could develop from here.
A break back above invalidation would weaken the current bearish scenario and force a reassessment of the wave structure.
Current bias: Bearish while below invalidation.
Scenario: Potential continuation into a new downside leg.
Invalidation: Highlighted level above price.
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.
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.