Flat correction in play.
מעודכן
From what it seems, AI made a 3 wave move before dropping impulsively.
That drop doesnt look corrective so i expect following potential outcomes.
Leaning more to deeper correction. (Red pattern)
Flat corrections require 3/3 /5 patterns
It looks like
A (Flat)
B (Zig zag)
C (Impulse) (for the moment its only 1 of 5 waves.
My longs are safe with stop loss in profit. Waiting game for more resolution.
That drop doesnt look corrective so i expect following potential outcomes.
Leaning more to deeper correction. (Red pattern)
Flat corrections require 3/3 /5 patterns
It looks like
A (Flat)
B (Zig zag)
C (Impulse) (for the moment its only 1 of 5 waves.
My longs are safe with stop loss in profit. Waiting game for more resolution.
הערה
Another algo target reached...Good reaction so far of the lows. Lets see if this develops into a nice impulse.
הערה
Beastהערה
Not a bad place to take profits if you longed this one. This is a decent C wave target if the whole structure was a ZIG ZAG.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.