the chart above is my prediction
of course i'll trade base on that plan.
i believe that the price will form a zigzag and this is some clue of a zigzag correction
- it will reach at least 50% correction (it can be 61.8% or 76.4%, or 85%)
- it mostly form a channeling structure (we buy only after the channel (equidistant trendline) break)
- As long as the price hasn't break lower than wave A (like it is now), we can't be sure whether we're completing wave C or still stuck in wave B (the corrective wave of wave A). So, use our lots cautiously
good luck
of course i'll trade base on that plan.
i believe that the price will form a zigzag and this is some clue of a zigzag correction
- it will reach at least 50% correction (it can be 61.8% or 76.4%, or 85%)
- it mostly form a channeling structure (we buy only after the channel (equidistant trendline) break)
- As long as the price hasn't break lower than wave A (like it is now), we can't be sure whether we're completing wave C or still stuck in wave B (the corrective wave of wave A). So, use our lots cautiously
good luck
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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.