Hello Traders,
I am looking at the formation of a standard ABC correction flat. Expect the price to bounce on the 107.0 / 106.9 range before either turning back completely to the upside or start a more complex correction structure.
The end target of this 1 up move is at the 111 zone so let us see what happens when the correction is complete.
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Thank you
I am looking at the formation of a standard ABC correction flat. Expect the price to bounce on the 107.0 / 106.9 range before either turning back completely to the upside or start a more complex correction structure.
The end target of this 1 up move is at the 111 zone so let us see what happens when the correction is complete.
If you enjoyed, please thumbs up and follow for more.
Thank you
Note
Note
going well, expecting another down move now before the bigger up move. Note
woops wrong chart XDNote
Same idea guys, look for 1 more down of similar size as shown above or sideways consolidation for the bigger move up that could start from here as indicated in the original forecast.Note
Still looking for something like this possibly to be a running flat correction before continuation up side.
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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.