As the market continues to tank , forming overlapping waves, not to be counted as consecutive impulse but as an EDT in a big C wave here is the actual update with the deepest allowed extension of the 5 EDT of 409x USD as the 3 EDT cannot be the shortest wave...so be prepared for a low in the iii of c of 5 EDT and a v forming in the c wave which will not make a lower low, as it is and was the consecutive pattern throughout the whole EDT....so we will take that fractal behaviourial pattern to position a longterm long trade by this higher low assumed to be forming.
As the Ending Diagonal Triangle (EDT) is a pattern that "ends" something : do not be surprised for it to end the whole correction since December.
As the Ending Diagonal Triangle (EDT) is a pattern that "ends" something : do not be surprised for it to end the whole correction since December.
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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.