After ATH in Nov 22, which should be a wave 5 of 3 in the larger scale, now it is time to start wave 4 with ABC setup.
We can see that for the A of 4, we already finished the clear ABC pattern with B = 0.9A and C pushing to 1.236 of A, which is a classic flat.
With recent 3-up (potential A of B) and 3-down (potential B of B, especially with the fact that B already retraced to 0.618 A), this may be the setup of B, which should be A3-B3-C5, and now is the start of the final wave C.
We expect this C wave push to 0.618 of previous large A, and then go down to start the final C, which should wrap up the even larger scale wave 4.
We can see that for the A of 4, we already finished the clear ABC pattern with B = 0.9A and C pushing to 1.236 of A, which is a classic flat.
With recent 3-up (potential A of B) and 3-down (potential B of B, especially with the fact that B already retraced to 0.618 A), this may be the setup of B, which should be A3-B3-C5, and now is the start of the final wave C.
We expect this C wave push to 0.618 of previous large A, and then go down to start the final C, which should wrap up the even larger scale wave 4.
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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.