Structure
Wave Y Setup
Summary
The current rise is a corrective phase, not a trend reversal. The higher-probability outcome is a continuation lower into Wave Y unless the channel breaks to the upside.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
- The decline into Wave W is complete as a Regular Flat.
- The rebound is a corrective Wave X, fully overlapping and contained within a rising channel.
- Bias remains bearish as long as price trades inside this channel.
Wave Y Setup
- Trigger: Breakdown below the channel near 16000.
- Entry: Preferable after a break and retest of the lower channel line.
- Target: Toward 15,260 to complete Wave Y.
- Invalidation: A decisive close above 16,549 invalidates the bearish view.
Summary
The current rise is a corrective phase, not a trend reversal. The higher-probability outcome is a continuation lower into Wave Y unless the channel breaks to the upside.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
거래청산: 스탑 닿음
WaveXplorer | Elliott Wave insights
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📊 X profile: @veerappa89
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WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
