So, looking at elliot waves, it seems we have just about completed the 5th wave of a downward trending cycle, so we will see a correction in the form of 3 waves (up, down, up) ... of note: watch for the Golden Cross during this correction which would indicate a trend reversal, putting us on a 5 wave bullish trending cycle and possibly the moons of Jupiter. :P What do y'all think?
I'm looking at Fisher Transform, MACD, BoP, BBands, Trade Volume, etc.. to indicate a price trend reversal imminent, pushing us at least into a bullish correction after the bear.
I'm looking at Fisher Transform, MACD, BoP, BBands, Trade Volume, etc.. to indicate a price trend reversal imminent, pushing us at least into a bullish correction after the bear.
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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.