Main:
Entering Buying Point 1,309.79$.
Indicator Bottom/StopLoss : 1,304.30 $.
Targets/Ratios:
*Mimimun Target: 1,330.79$
R/R Ratio:3:83
*Middle Target (Wave v truncation):1,356.60
R/R Ratio: 8:53
*Wave v Typical Target: 1,382.00 $.
R R Ratio: 13:15
Entering Buying Point 1,309.79$.
Indicator Bottom/StopLoss : 1,304.30 $.
Targets/Ratios:
*Mimimun Target: 1,330.79$
R/R Ratio:3:83
*Middle Target (Wave v truncation):1,356.60
R/R Ratio: 8:53
*Wave v Typical Target: 1,382.00 $.
R R Ratio: 13:15
Note
Stop loss breakeven.Note
I am waiting for 1,288/1,286 zone to be reached.This is the last chance that have this pattern to be a Wave iv.(despite a little overlapping *)then the Wave v of 3 Targeting sequence can be restarted.If 1,286.00 is broken down, we´ll be before a bearish pattern already on going.
* Modern EW Theory allows overlapping < 0.23 of (Wave 1- Wave 0).
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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.