Overview: let's review the update of September 29th:
Update: the accuracy of analysis is obvious if we look at the current hourly chart. Now, I see us in wave 2 of c of (III). Note that I did not include the lower-degree counts on the chart so it would be cleaner.
I have an alternate count where I see wave a of (III) near completion, but that's of low probability for now (when we see more price action, I may switch to that count as my primary).
- With the price action of today, I think we have 2 possibilities left for wave b of (III): it's either a triangle or a flat (I prefer the triangle, but it doesn't mean the flat scenario is not possible).
Update: the accuracy of analysis is obvious if we look at the current hourly chart. Now, I see us in wave 2 of c of (III). Note that I did not include the lower-degree counts on the chart so it would be cleaner.
I have an alternate count where I see wave a of (III) near completion, but that's of low probability for now (when we see more price action, I may switch to that count as my primary).
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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.