Upside RESISTANCE = 3985-4030
Price is in an upside move and within the upside reversal zone 3985-4030
Can it extend higher lets see the probabilities from 3789
3789-3906=A
3906-3823=B
3823-?=C, C= 3823+117(100%)=3940,3823+149(127%)=3972, 3823+162(162%)=3985
3823+234(200%)=4057
From 3819:
3819-3896=1,3896-3819=2,3819-3973=3, 3973-3903=4,3903-?=5
Therefore 5= 3903+75=3978(100%),3903+95=3998(127%),3903+104=4007(138%) and if wave 5 is extending then 3903+113(150%)=4016,4024(162%),3903+150=4053(200%), 3903+196=4099(262%)
or
3819-3973=A, 3973-3903=B,3903-?=C, Therefore C= 3903+154=4057(100%),3903+195=4098(127%)
This is my analysis, not trading advice.
Price is in an upside move and within the upside reversal zone 3985-4030
Can it extend higher lets see the probabilities from 3789
3789-3906=A
3906-3823=B
3823-?=C, C= 3823+117(100%)=3940,3823+149(127%)=3972, 3823+162(162%)=3985
3823+234(200%)=4057
From 3819:
3819-3896=1,3896-3819=2,3819-3973=3, 3973-3903=4,3903-?=5
Therefore 5= 3903+75=3978(100%),3903+95=3998(127%),3903+104=4007(138%) and if wave 5 is extending then 3903+113(150%)=4016,4024(162%),3903+150=4053(200%), 3903+196=4099(262%)
or
3819-3973=A, 3973-3903=B,3903-?=C, Therefore C= 3903+154=4057(100%),3903+195=4098(127%)
This is my analysis, not trading advice.
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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.