Technical Analysis:
- As you can can see in the chart, Alibaba(BABA) is still correcting in short term wave V in red and it must be completed around $43 when we think smart buyers will appear
- If the price crosses the invalidation level around $121.30 it means that the correction is over or we can have a bounce in WXY Structure in wave IV which will extend more higher before goes lower
- H1 Right Side is Turning Up
- H4 Right Side is Turning Down
Technical Information:
- Wait for the correction in wave ((II)) in black to be completed in order to buy
- As you can can see in the chart, Alibaba(BABA) is still correcting in short term wave V in red and it must be completed around $43 when we think smart buyers will appear
- If the price crosses the invalidation level around $121.30 it means that the correction is over or we can have a bounce in WXY Structure in wave IV which will extend more higher before goes lower
- H1 Right Side is Turning Up
- H4 Right Side is Turning Down
Technical Information:
- Wait for the correction in wave ((II)) in black to be completed in order to buy
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.