Tech idea:
(Larger Degree)
Wave 2 : 0.382x Retracement of wave 1
Wave 2 : Flat /// Style : Sideways
Wave 3 : TBD
Wave 4 : TBD /// Style: Alternation (Sharp)
////////////////////////////////////////
(Lower Degree)
Wave 2 : 0.382x of wave 1 /// Style : Sideways
Wave 3 : 2x of wave 1
Wave 4 : 0.382x wave 3
Wave 4 : Zig zag /// Style : Sharp
Wave 5 : "1 parity projection" of wave 1 from 1-4
Base channel : Green
Termination channel : Red
////////////////////////////////////////////
Summary : I want to see a break of
this next high and want to see a reaction at
either the "Median" or
at the "Higher boundary" of the "Termination channel"
with confluence to the "Fibonacci extension"
(Larger Degree)
Wave 2 : 0.382x Retracement of wave 1
Wave 2 : Flat /// Style : Sideways
Wave 3 : TBD
Wave 4 : TBD /// Style: Alternation (Sharp)
////////////////////////////////////////
(Lower Degree)
Wave 2 : 0.382x of wave 1 /// Style : Sideways
Wave 3 : 2x of wave 1
Wave 4 : 0.382x wave 3
Wave 4 : Zig zag /// Style : Sharp
Wave 5 : "1 parity projection" of wave 1 from 1-4
Base channel : Green
Termination channel : Red
////////////////////////////////////////////
Summary : I want to see a break of
this next high and want to see a reaction at
either the "Median" or
at the "Higher boundary" of the "Termination channel"
with confluence to the "Fibonacci extension"
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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.