GDR versions
All 3 possibilities in one overview. Looks like with today`s action GDR is heading to the shorter sub-C wave completion before it moves up.
I would expect a double bottom at 0.45 and 5th wave truncation. The point would be to create a bullish divergence on the Daily.
Dont exclude the WXY version yet, we might not see 0.45 again and bottom was done already. Current action could be start of the larger C wave with sub 1-2 in the making.
I keep my longs, it is a great entry value here, and if drops to 0.45 or below it is a buy with both index fingers.
I would expect a double bottom at 0.45 and 5th wave truncation. The point would be to create a bullish divergence on the Daily.
Dont exclude the WXY version yet, we might not see 0.45 again and bottom was done already. Current action could be start of the larger C wave with sub 1-2 in the making.
I keep my longs, it is a great entry value here, and if drops to 0.45 or below it is a buy with both index fingers.
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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.