Based on the smaller timeframe mapping i believe we are currently in the Minor Wave 2 within the Major Wave 5. I believe we still have one more push UP before any Bearish Movement.This is because we can expect Minor Wave 2 to complete as a Zigzag Corrective Structure. We seem to have completed the 5 Wave LEG A followed by 3 Wave LEG B of the zig zag at the moment. What's left is LEG C which should unfold in a 5 wave pattern as Zigzags are always in a 5-3-5 form. Another thing to take note about Zigzags are that the length of LEG C is usually the same as its LEG A. Meaning we can expect the push up now to be about the same length as the LEG A. Once price has completed LEG C of the zigzag which would mean the end of Minor Wave 2, we would then start looking for our SELLS for Wave 3. However for now I believe we still have abit of an up movement before moving further down.
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.