Bearish Potential for Banks
I use this index to monitor the U.S. banking sector
A solid break below 101.39 would suggest retest of 89.13.
Alternatively, we can also count pink wave 5 as 3, but looking at the Fibonacci relationships between each sub wave, i think this pink labeling is a high confident count.
some interesting facts:
A solid break below 101.39 would suggest retest of 89.13.
Alternatively, we can also count pink wave 5 as 3, but looking at the Fibonacci relationships between each sub wave, i think this pink labeling is a high confident count.
some interesting facts:
- wave 3 equals to approx 2.618 times the length of wave 1
- wave 5 equals to approx 0.618 times the length from the start of wave 1 to the end of wave 3
- wave 5 ended near the middle line of the uptrend channel
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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Email：info@ewc.space
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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
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.