As we said in the previous and expected analysis, the decline was 5 waves, and we traced all the waves from the first to the fifth wave of the first wave, and it was difficult to predict the wave from its beginning, but God was with us in that, and the reading and analysis was more than wonderful.
Previous analysis in the description box
We expect to form three ascending waves in the name of ABC
Its internal composition will be 5 - 3 - 5
It is the second ascending wave that corrects the first descending wave
The goal of the second wave: the laws of the second wave.
Wave 2 corrects at least
38.2% of wave 1
The retracement often reaches 61.8% of the second wave
Very rarely the correction may reach 76%.
We have a goal between
38.2 = 48707
61.8 = 49392
76% = 49800
Then it falls again in the third descending wave
This analysis is simply for the second wave
Previous analysis in the description box
We expect to form three ascending waves in the name of ABC
Its internal composition will be 5 - 3 - 5
It is the second ascending wave that corrects the first descending wave
The goal of the second wave: the laws of the second wave.
Wave 2 corrects at least
38.2% of wave 1
The retracement often reaches 61.8% of the second wave
Very rarely the correction may reach 76%.
We have a goal between
38.2 = 48707
61.8 = 49392
76% = 49800
Then it falls again in the third descending wave
This analysis is simply for the second wave
Note
We finished the first wave completely and it was 5 waves below the main waveinternal installation
5-3-5-3-5
From 50500 to 47126
---------------
We are now in the second wave, and it has reached 50% of the length of the first wave, at 48821
The retracement often reaches 61.8% of the first wave
Very rarely, the correction may reach 76%.
Follow the numbers
48414
48821
49211
Note
The wave type is the end (ED)of style
3-3-3-3-3
We are in the last wave, its target is 49211
Then it will be falling
Note
Target now 49200Maximum possible to reach 49643
When the wave ends
break or go down below 48850
48564
Going below these numbers is a clear indication that this wave has ended
Note
So far 49172We are about to end the bullish wave,
please pay attention
please pay attention
Note
In casebreak or go down below 48850 or 48564
We consider that we have entered the bearish wave and the end of the bullish wave
So
please pay attention
Note
I think the number of bears is big at 49200Hahaha
In general, 48850 is still holding
Note
Now at 48,564And congrats on the analysis everyone
Hahaha
Note
please pay attention ,break or trade below 48564
The end of the entire rise and the entry of the bearish wave
Note
Thank God for the successCongratulations on the analysis and reaching the goal of the second wave
It was supposed to reach 61.8% at 49200 or a maximum of 49600
The highest point recorded so far was 49,172
For me, I think the target has been achieved and the bullish wave is over
The next scenario is shown in the picture
good luck for everbody
I have a meeting and when I finish my work I will be with you and analyze the next wave
Note
Hi guysWe are still in the same scenario, nothing has changed
only wave type
Irregular flat wave type
Which is an upper limit of 300% of the length of the wave A
It is at 49,643
That is, it will not exceed this number
In addition, the second wave in rare cases may reach 76% of the length of the first wave, which is at 49,656
Although this situation is unexpected, it does not violate the rule
Note
Many technical analysts are betting not to break the trend consisting of 29278, passing through the bottom of 37332, 43727 and the last 47126I'm telling you it's going to break wildly this time
Just look at the peaks formed and the convergence of the last two troughs
And be impartial to know where your feet stand
Trade closed: target reached
Thank God for the successCongrats, predictions are 100%.
Thank you everyone for the interaction, comments and following
And I sent the analysis for the third wave, you can watch it and comment on it
This is a picture
Note
what do you think , it's broken or not hhhhhhhh
I told that , hhhhhhhhhhh
Related publications
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.
Related publications
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.