Finished a Triangle wave 4 it seems, we can therefore expect this to continue higher as long as wave E low isn't breached.
Bình luận
A small precision here, I'm unsure about the red wave 1 count. The degree of the triangle wave 4 changes therefore depending on what the correct count is.
Bình luận
I haven't updated this post it seems like I did on my Tgram channel... Anyhow, I went long this one but got out very quickly for a tiny loss when I saw the consolidation could last a bit longer.
Right now, it seems we might have finished the triangle but only a move above orange wave b and then blue wave (d) can take this higher. Careful though as it's then a higher degree wave 5 and therefore upside potential is limited. Recommending selling into strength in that case.
But if price is to go below blue wave (e) and (c) we have to consider the alternate count that the red count is already over and we've started a move lower.
Questions? Chat or Comment on Ideas Don't forget my public Telegram channel - t.me/em16public
Thanks !
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.