Price action is compressing against horizontal resistance while riding a rising base, suggesting a completed 1–2 and positioning for an impulsive wave 3 breakout, followed by a wave 4 retest and a measured wave 5 extension.
Confirmation comes on a decisive breakout and hold above the range high; a brief throwback into former resistance is acceptable if structure stays intact.
Invalidation sits on sustained closes back below the rising trend line or a clean breach of the wave‑2 pivot, which would imply the structure is morphing into a corrective pattern.
Execution plan favors scaling on confirmation, trimming into projected wave 3 strength, re‑loading on a controlled wave 4 pullback, and final distribution into wave 5 targets.
If momentum stalls or gaps fail to hold, reduce risk and reassess the count versus an ABC/flat alternative.
Confirmation comes on a decisive breakout and hold above the range high; a brief throwback into former resistance is acceptable if structure stays intact.
Invalidation sits on sustained closes back below the rising trend line or a clean breach of the wave‑2 pivot, which would imply the structure is morphing into a corrective pattern.
Execution plan favors scaling on confirmation, trimming into projected wave 3 strength, re‑loading on a controlled wave 4 pullback, and final distribution into wave 5 targets.
If momentum stalls or gaps fail to hold, reduce risk and reassess the count versus an ABC/flat alternative.
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.
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.
