Corning GLW long
Fibo cluster around 35,5USD
Assuming we are in an ABC correction following the uptrend movement 17,44-->46,81USD (wave 3)
with B @ 42,55USD
The ongoing C wave can be divided in 5 waves , however not with typical fibo ratios:
wave 2 = 50% of wave 1
wave 3 = 200% of wave 1
wave 4 = 61,8% of wave 3
Fibo cluster:
36,03USD = 78,6% of wave A
35,59USD = 61,8% of the major wave (3)
35,5USD = 261,8% of wave 1
Strategy = enter on these levels
or enter first when wave 4 is broken (around 39USD)
Targets
to be detailed later depending of trading term but above 50USD
Assuming we are in an ABC correction following the uptrend movement 17,44-->46,81USD (wave 3)
with B @ 42,55USD
The ongoing C wave can be divided in 5 waves , however not with typical fibo ratios:
wave 2 = 50% of wave 1
wave 3 = 200% of wave 1
wave 4 = 61,8% of wave 3
Fibo cluster:
36,03USD = 78,6% of wave A
35,59USD = 61,8% of the major wave (3)
35,5USD = 261,8% of wave 1
Strategy = enter on these levels
or enter first when wave 4 is broken (around 39USD)
Targets
to be detailed later depending of trading term but above 50USD
Note
target almost reached actually
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.
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.