So far we have a very impulsive 1-2-3-4-5 to the downside and a lot of jagged, choppy, janky looking crap after that (In my opinion).
My rule is if the chart looks janky and you're having a hard time reading it, Most of the time it's a correction which implies it is the counter-trend.
Also, another thing I noticed recently was that the W wave and Y waves have some similarities. I think they look like mirrored images a bit which would reflect the fractal nature of historical trends.
The W wave has a fast A, sharp B down, then janky C.
The Y wave has a janky A, sharp B down, then fast C.
$95.50 is a conservative target, but play at your own risk.
The larger trend lately has been up so this may be just another pullback before we rise even higher after.
My rule is if the chart looks janky and you're having a hard time reading it, Most of the time it's a correction which implies it is the counter-trend.
Also, another thing I noticed recently was that the W wave and Y waves have some similarities. I think they look like mirrored images a bit which would reflect the fractal nature of historical trends.
The W wave has a fast A, sharp B down, then janky C.
The Y wave has a janky A, sharp B down, then fast C.
$95.50 is a conservative target, but play at your own risk.
The larger trend lately has been up so this may be just another pullback before we rise even higher after.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.