I have 
AAVE completing a complex correction structure in an WYX combo. Fibs are out the window pretty much once the 0.88-0.9 fib range falls through, so we need to find other means of evaluating bounce zones. And in this instance I found a previous support/resistance area that I think has a decent chance of being the bottom.
As for the previous impulse. Wave 3 is clear as day on most of our indicators. <= Wave 3 is the strongest and no the shortest.
The ensuing correction is not a typical impulse but rather a series of ZigZags. Not the best waves, but its clearest counted in this way.
AAVE completing a complex correction structure in an WYX combo. Fibs are out the window pretty much once the 0.88-0.9 fib range falls through, so we need to find other means of evaluating bounce zones. And in this instance I found a previous support/resistance area that I think has a decent chance of being the bottom. As for the previous impulse. Wave 3 is clear as day on most of our indicators. <= Wave 3 is the strongest and no the shortest.
The ensuing correction is not a typical impulse but rather a series of ZigZags. Not the best waves, but its clearest counted in this way.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.