Gbpaud 07 Oct 2022 - Has the breakdown started
Initial crack below the channel identified, has the bears taken over?
As the entire move up seems to be an ABC, the bias is for a move down, at least for the short term.
Price could still correct back up before lower as the move down from the top look like a completed 5 waves.
Price either break down strongly or correct first before lower. Take your pick.
ps: please refer to related post from the links
As the entire move up seems to be an ABC, the bias is for a move down, at least for the short term.
Price could still correct back up before lower as the move down from the top look like a completed 5 waves.
Price either break down strongly or correct first before lower. Take your pick.
ps: please refer to related post from the links
Publications connexes
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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.