This is my time at mode analysis of this pair.
Currently kicking off with a strong uptrend off a longterm mode.
The horizontal lines map different areas of high volume from the past, which were 'fair value' at one given time.
They are magnetic in nature and offer valuable clues as to where price will move, or where price will stop and reverse.
In Elliott Wave terms, there's a clear impulse in sight, but I'm not 100% sure about its construction.
Quoting my friend's Nick Coulby's work, this might be the start of the 3rd wave, inside a larger 5 wave structure.
This could always resolve into a series of nested 1-2,1-2 impulses that end up in an explosive move up, so I'll just focus on buying the correction completion.
Currently kicking off with a strong uptrend off a longterm mode.
The horizontal lines map different areas of high volume from the past, which were 'fair value' at one given time.
They are magnetic in nature and offer valuable clues as to where price will move, or where price will stop and reverse.
In Elliott Wave terms, there's a clear impulse in sight, but I'm not 100% sure about its construction.
Quoting my friend's Nick Coulby's work, this might be the start of the 3rd wave, inside a larger 5 wave structure.
This could always resolve into a series of nested 1-2,1-2 impulses that end up in an explosive move up, so I'll just focus on buying the correction completion.
交易結束：目標達成
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Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。