CPSEETF - Wave Count
Wave 0 = 11.54
Wave 1 = 19.59
Wave 2 = 15.65
Wave 3 Target = 1.5 or 1.618 * (Wave 1- Wave0)
= 1.5 or 1.618 * 8.05
= 12.08 + Wave 2 ( 1.5 times )
= 12.08 + 15.65 = 27.73
OR
= 13.02 + Wave 2 ( 1.618 Times)
= 13.02 + 15.65 = 28.67
Wave 5 Range :
If retraced to 0.5 :
0.618 = 29.28
If retraced to 0.236
0.618 = 32 approx.
Wave 0 = 11.54
Wave 1 = 19.59
Wave 2 = 15.65
Wave 3 Target = 1.5 or 1.618 * (Wave 1- Wave0)
= 1.5 or 1.618 * 8.05
= 12.08 + Wave 2 ( 1.5 times )
= 12.08 + 15.65 = 27.73
OR
= 13.02 + Wave 2 ( 1.618 Times)
= 13.02 + 15.65 = 28.67
Wave 5 Range :
If retraced to 0.5 :
0.618 = 29.28
If retraced to 0.236
0.618 = 32 approx.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.