ETHEUR – fighting to stay in the channel

First time posting, so take with a pinch of salt.

This is how a bullish case for ETHEUR can develop as I see it.

I'm taking the peak of €794 as wave 1, which therefore makes the correction we are currently undergoing wave 2. Assuming a 1:1 fib extension, wave 3 should be hitting highs of €862 in the coming days – PROVIDED THAT we do not fall outside of the channel by more than a wick on a medium timeframe.

I believe we're making our way towards the end of an ascending triangle , so I'll be looking to buy on the breakout, which I'm calling out to be €771-774, i.e. above the double top of the correction and a touch above wave (iv) of the preceding wave 5.

For clarity, I've put fib retracement numbers on the left, and extension numbers on the right.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出