My fractal analysis has yielded a very interesting possibility if 157 is not broken on the downside in the next few days. I think we go to 172 by mid July, and then make a top at 178 August mid.
Fractal:
Fractal:
Note
Count:Note
we are here at (ii) -- a bit early, but it gives time for the market Gods to make some positive divergence happen over the course of the next few days
Note
Lol, when I asked the market Gods for positive divergence with a lower low, I didn't expect what we got yesterday. However, we closed in the middle of the box, so trade is very much still on
However, I have a nagging suspicion that we won't make a clear 5 wave up. The (iii) is probably where we will get to
Trade closed: stop reached
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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.