Time Analysis - Elliott Wave combination
SWAN ENERGY LTD is in impulse now.
In the daily chart of SWAN ENERGY LTD, Flat Correction is getting over and the price is entering in impulse now. This can be said if we combine Time analysis with Elliott wave counting.
The detailed counting of this Flat Correction can be seen in the chart above.
The 0-B trendline is broken in half time of wave C time.
(We can see wave C took 59 bars to form and after that, the price breaks above the 0-B trendline in just 30 bars)
According to the rule, the Flat Correction is over and the price is in impulse now.
The price will go to 127% for sure here, which gives us a price level of 875.45.
This analysis is based on Elliott Wave theory and Fibonacci with time analysis.
This analysis is for educational purposes only.
In the daily chart of SWAN ENERGY LTD, Flat Correction is getting over and the price is entering in impulse now. This can be said if we combine Time analysis with Elliott wave counting.
The detailed counting of this Flat Correction can be seen in the chart above.
The 0-B trendline is broken in half time of wave C time.
(We can see wave C took 59 bars to form and after that, the price breaks above the 0-B trendline in just 30 bars)
According to the rule, the Flat Correction is over and the price is in impulse now.
The price will go to 127% for sure here, which gives us a price level of 875.45.
This analysis is based on Elliott Wave theory and Fibonacci with time analysis.
This analysis is for educational purposes only.
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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.