It looks like ABC almost hit Fib 1.382 extension at $73 but on the other hand wave C is almost completed with 5 waves 1.618. RSI already showed a double divergence.
My guesses for entries are $80, $78, $73.
All the correction from March is about to complete of primary wave 3. We could retest $129.
My guesses for entries are $80, $78, $73.
All the correction from March is about to complete of primary wave 3. We could retest $129.
Note
Wave 5 is forming an ending diagonal (I believe).Note
I apologize I think fib 1.236 is a better for this correction. $78 is my target now.Note
Bullish since pandemicNote
$78 just hit today. Looks like it needs one more leg down. $76 could be the bottom.
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.
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.