Expecting a bearish reversal very soon here.
The higher time frame count suggests that we should see a sharp reversal lower as potential wave 3 or wave C.
But because we have a nice round base here, this could become a Cup and Handle pattern which is bullish!
In that case, we should see price retrace around half of this move up before reversing higher.
Key to understand what will happen will be to understand how the move lower will unfold,
choppy and overlapping taking a lot of time-> Bullish
sharp and quick -> Bearish.
The higher time frame count suggests that we should see a sharp reversal lower as potential wave 3 or wave C.
But because we have a nice round base here, this could become a Cup and Handle pattern which is bullish!
In that case, we should see price retrace around half of this move up before reversing higher.
Key to understand what will happen will be to understand how the move lower will unfold,
choppy and overlapping taking a lot of time-> Bullish
sharp and quick -> Bearish.
註釋
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註釋
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Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
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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。