After a complex correction wave, held down by the descending trend-line from 9/1, Wave 3 shoots through the Monthly Pivot and the grouping of resistance at the 0.35-6 level. This is a very bullish in my opinion.
This should set Wave 3 up for a 1.272 extension ending around 0.39-40 at which point is also the (P+R1)/2 line in addition to the HA Monthly Pivot.
The Descending trend-line above will probably cap off Wave 5 for a retrace back to 0.36.
This should set Wave 3 up for a 1.272 extension ending around 0.39-40 at which point is also the (P+R1)/2 line in addition to the HA Monthly Pivot.
The Descending trend-line above will probably cap off Wave 5 for a retrace back to 0.36.
Note
Bullish Triangle in play
Note
Sold at 0.392 from 0.285. Looking for entry at 0.36Note
Moved buy-limit to 0.38 after push to descending trend-line from May.
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Wow... I really called the exit WAYYYYY to early. This is a stupid moon shot. At no point can I enter now because at any point its the top before a correction. Very frustrated...
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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.