The market continues to fall
Hi guys
Good day everyone
4 hour chart from my point of view: Mr. Nobody
SP 500
From the starting price point of 4811.25 bearish market friends we have 5 waves down which I have labeled triple zigzag
The question is, what is the probability of a rising market???
1- The first possibility: if it is a corrective pattern, up to 50% to 61.8% Fibonacci retracement can advance and the bear market will continue once again.
2- The second possibility: if this triple zigzag correction is enough, the price should reach at least 4319.75, the correction pattern will form a clear continuation of the trend, and the rising market will be followed.
Starting five waves down and now waiting for three waves up which could be a double zigzag pattern
Good luck, be patient with your business
Good day everyone
4 hour chart from my point of view: Mr. Nobody
SP 500
From the starting price point of 4811.25 bearish market friends we have 5 waves down which I have labeled triple zigzag
The question is, what is the probability of a rising market???
1- The first possibility: if it is a corrective pattern, up to 50% to 61.8% Fibonacci retracement can advance and the bear market will continue once again.
2- The second possibility: if this triple zigzag correction is enough, the price should reach at least 4319.75, the correction pattern will form a clear continuation of the trend, and the rising market will be followed.
Starting five waves down and now waiting for three waves up which could be a double zigzag pattern
Good luck, be patient with your business
פרסומים קשורים
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.
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.