Price is moving in the final sub wave 5 of the ending diagonal wave C highlighted.
The higher degree wave count shows an elongated flat ABC correction.
Instead of catching the falling knife, wait for the price to close above 253 for averaging.
Price is showing strong bullish divergence with RSI and with declining volume activity, trend reversal is expected soon.
Short term target is around 444 level.
Long term target is around 1170 considering a reverse H&S pattern formation on it's way up.
Do your own due diligence before taking any action.
Peace!!
The higher degree wave count shows an elongated flat ABC correction.
Instead of catching the falling knife, wait for the price to close above 253 for averaging.
Price is showing strong bullish divergence with RSI and with declining volume activity, trend reversal is expected soon.
Short term target is around 444 level.
Long term target is around 1170 considering a reverse H&S pattern formation on it's way up.
Do your own due diligence before taking any action.
Peace!!
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.