I've predicted this path for the head of the second shoulder based on previous trends and patterns. Therefore I've come to the thought that this all is just the (B-Wave up) and a part of a big ABC correction following up on our 5 wave up. (which was A) After hitting this target we should be seeing a sharp C wave finishing up this shoulder pattern nicely.
Like all my other TA, it's all based on trendiness ,fibonacci and Elliot wave theory.
If you don't know --> check out my other idea
Please let me know what you think.
Bye now
코멘트
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Buy zone has been reached, bears are giving all they have to defend.
코멘트
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Bounce baby
코멘트
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Volume is going up which is good, MACD looking to crossover soon.
--> Last of the bears are being eradicated, once they're destroyed expected a parabolic move up A.K.A, moon ;) which is ==> (TARGET 8920-9050)
코멘트
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MAC-D is making me HAP-P
코멘트
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Bears are slowly giving up =D
코멘트
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LAST Defense line for BEARS is being fought, hold on!
hmm this war for PRICE(8675) shows that the bears aren't giving up that easily, the fifth wave probably isn't gonna go far guys. Take profits in time!
코멘트
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MAC-D on 15mins looking to snap UP
코멘트
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If I'm right, we're about to go up SOON.
코멘트
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This is our second scenario.
코멘트
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As of now, I'm leaning more towards the second scenario.
this was an ABC correction. Interested in seeing what happens once we reach point C.
I'll keep this post updated
코멘트
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IF this count Is correct then a new buy zone has been established. 8550. I still think there's a fifth final wave on our way.
코멘트
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Fifth wave --> 9K target
코멘트
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THIS.
코멘트
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Second scenario was right, sorry guys I'm still learning. Made a little mistake but we should be on our way to target now =D
코멘트
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Fairly confident in that we will reach this target!