Overview: let’s review the key points of previous update:
Update: we broke down through the hourly ascending channel, but I am struggling to see a complete wave structure for wave 1. This is a nice compression that needs to break to one side soon. I am still going to have the same idea that wave 1 peak is not yet in and this week we should go higher as wave c of (V) of c of 1. I have ~160 as a potential target for wave 1 peak.
- We should continue higher to complete wave 1.
- Bearish Harami on the daily chart.
- Lose of hourly ascending channel, supports wave 2 start.
Update: we broke down through the hourly ascending channel, but I am struggling to see a complete wave structure for wave 1. This is a nice compression that needs to break to one side soon. I am still going to have the same idea that wave 1 peak is not yet in and this week we should go higher as wave c of (V) of c of 1. I have ~160 as a potential target for wave 1 peak.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.