good afternoon,
after further observing price action today, i feel fairly confident that we will see one more leg up to around $4300.
this leg will put in a 5th wave in the local impulse. (which for now will be labeled as wave A)
---
price action is currently contracting within a triangle \ bull flag up here.
sentiment is mixed, but the whole structure fits the narrative of one more rip up.
it may cut short at 4250ish, but ideally a push to 4300 would seal the deal.
---
based on how we pull back after, will determine where price shall go next.
---
ps. if the local low from friday is breached, a door can open for a push down to 4070ish, before we go for the final push up.
after further observing price action today, i feel fairly confident that we will see one more leg up to around $4300.
this leg will put in a 5th wave in the local impulse. (which for now will be labeled as wave A)
---
price action is currently contracting within a triangle \ bull flag up here.
sentiment is mixed, but the whole structure fits the narrative of one more rip up.
it may cut short at 4250ish, but ideally a push to 4300 would seal the deal.
---
based on how we pull back after, will determine where price shall go next.
---
ps. if the local low from friday is breached, a door can open for a push down to 4070ish, before we go for the final push up.
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。