It's wave 3 or C
Based on existing momentum to the sell side, it is expected to be a 5 wave move. Minor wave 3 in Major wave (3 or C) within the box is expected to end at 100.53.
Short positions can be expected at 101.5526 where wave 4 is expected to end.
Wave 5 shall target 100.53 and 99.90.
Self confirm for completion of wave 4 at 101.5526. As wave 2 was a sharp zigzag hence as an alternate, wave 4 can either be flat or triangle.
Let's wait and watch.
Based on existing momentum to the sell side, it is expected to be a 5 wave move. Minor wave 3 in Major wave (3 or C) within the box is expected to end at 100.53.
Short positions can be expected at 101.5526 where wave 4 is expected to end.
Wave 5 shall target 100.53 and 99.90.
Self confirm for completion of wave 4 at 101.5526. As wave 2 was a sharp zigzag hence as an alternate, wave 4 can either be flat or triangle.
Let's wait and watch.
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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.