good evening,
what a week right?
got an alternative setup right here
---
take a look at this pitchfork pull from ath
👇
it does seem like we're attempting to back-test it from above, after a successful break-out.
some bullish divergence is present.
---
take a look at the us dollar,
which is playing out a 4th wave right now,
of the 5 wave sequence to the downside
👇
---
could it be possible that we're still in a wave 4 of the 5 wave sequence?
yep, it is possible - just less probable than the top being in locally.
it would be quite outrageous if we did end up expanding up to 4300 into the end of this year,
so expect the unexpected.
---
downside target on this smaller e.f at 3860~3840.
✌
what a week right?
got an alternative setup right here
---
take a look at this pitchfork pull from ath
👇
it does seem like we're attempting to back-test it from above, after a successful break-out.
some bullish divergence is present.
---
take a look at the us dollar,
which is playing out a 4th wave right now,
of the 5 wave sequence to the downside
👇
---
could it be possible that we're still in a wave 4 of the 5 wave sequence?
yep, it is possible - just less probable than the top being in locally.
it would be quite outrageous if we did end up expanding up to 4300 into the end of this year,
so expect the unexpected.
---
downside target on this smaller e.f at 3860~3840.
✌
Note
full theory: youtube.com/watch?v=vT66UsznkhgTrade active
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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.