RDNT 5 waves up leading diagonal for wave a/1 and correction into 0.618 fib retracement for a wave b/2.
Price break the 0.3030 pivot of wave b so we can keep the focus up against 0.2813 in a still-extending wave c/3,looking for price to aim for the 1 or 1.618 projection between waves (a/1) and (b/2).
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Price break the 0.3030 pivot of wave b so we can keep the focus up against 0.2813 in a still-extending wave c/3,looking for price to aim for the 1 or 1.618 projection between waves (a/1) and (b/2).
Hit the like button if you like my analysis and follow me for future updates!
Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
Note
We would need to see RDNT advance above 0.2895 to
favor wave ((2)), a flat correction, ended at 0.2609 and will start moving for a wave 3 or C.
Note
The strength over the last few hours suggests wave (3)
is underway. We're looking for further strength to complete a five-wave up from 0.2609
Note
We're looking for further to complete a five-wave up
Note
maybe the 4th wave is over and will start to push up for a 5th wave
Note
Expecting to move up to complete a 3rd wave
Note
Expending leading diagonal for wave 1 from wave 3. Expecting an ABC correction for wave 2
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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.