Watching for evidences wave 2 finished 10.55.
Clearing 15.83 we will focus to the upside for wave 3 looking for price to aim for the 1.618 projection multiple between waves 3 and 1.
Clearing 15.83 we will focus to the upside for wave 3 looking for price to aim for the 1.618 projection multiple between waves 3 and 1.
Note
Above 16.40 we are looking to the upside to complete wave ((5)) of 3 from wave 1 of 3 bigger degree
Note
Watching for evidences wave 4 unfolds as a flat correction. Above 16.60 we are looking to the upside for a 5th wave of (1) of ((3)).
Clearing 16.60 we are looking for a wave (2) of ((3)) unfolding instead of 4.
Note
Watching for evidences wave (ii) finished 12.30.
If price will clear 15.67 and 18.30 levels will increase the probability that wave (iii) started.
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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.