Tech idea :
Thesis : Running Flat (ABC Family Correction 3-3-5)
Wave A - Zig zag correction
Wave B - Zig Zag correction
Wave C - 5 wave (Meant to put 5 wave in the post not Zig-Zag)
Wave 2- Zig-zag correction /// Style: Sharp
Wave 2 - 0.786x of wave 1 (Deep)
Wave 3 - 2.618x-3x Wave 1 (Extended)
Wave 4 - Expanded Flat /// Style : Sideways
Wave 4- 0.382x wave 3 (Shallow)
Wave 5 (Projection TBD) - 1.618x
Strengths : Waves 2 and 4 alternate with "Depths of Retraces" and alternate
with "Sharp/Sideways style corrections" /// Volume starting to decline
showing Wave 5 signals
Weaknesses : Parallel channel is out of sorts , Wave 5 and Wave 3
could be said as both being extensions
Summary : I would like to see this "Ending diagonal" meet the Minimal
retrace to "$31.51" and I want to see a
"Impulse" in (Wave personality) and increasing "Buying pressure" while also breaking (VPOC Line) ///
I don't want to see this 5th wave of the ending diagonal invalidating at the
"1 extension" below at the converging trendlines
Thesis : Running Flat (ABC Family Correction 3-3-5)
Wave A - Zig zag correction
Wave B - Zig Zag correction
Wave C - 5 wave (Meant to put 5 wave in the post not Zig-Zag)
Wave 2- Zig-zag correction /// Style: Sharp
Wave 2 - 0.786x of wave 1 (Deep)
Wave 3 - 2.618x-3x Wave 1 (Extended)
Wave 4 - Expanded Flat /// Style : Sideways
Wave 4- 0.382x wave 3 (Shallow)
Wave 5 (Projection TBD) - 1.618x
Strengths : Waves 2 and 4 alternate with "Depths of Retraces" and alternate
with "Sharp/Sideways style corrections" /// Volume starting to decline
showing Wave 5 signals
Weaknesses : Parallel channel is out of sorts , Wave 5 and Wave 3
could be said as both being extensions
Summary : I would like to see this "Ending diagonal" meet the Minimal
retrace to "$31.51" and I want to see a
"Impulse" in (Wave personality) and increasing "Buying pressure" while also breaking (VPOC Line) ///
I don't want to see this 5th wave of the ending diagonal invalidating at the
"1 extension" below at the converging trendlines
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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.