mcxsilvdex wave counts.
Обновлено
Degrees
Primary : White
Intermediate : Yellow
Minor : Blue
Current Structure in Primary degree : 3-3-5 Flat
Current Structure in Intermediate degree : 3-3-3-3-3 Terminal Impulse
Current Count:Primary B,Intermediate C,Minor 5
On the basis of price movement It seems like we are making a Flat corrective pattern 3-3-5 in primary degree of which wave A and wave B is done and going ahead we can see an impulsive move of wave C in primary degree taking prices to primary wave A high's and even beyond. Currently we are in Primary wave B,Intermediate wave C,Minor wave 5.In regular Flat's generally wave B travel's 80% of wave A(I have shown 61.8 and 78%) retarcement of wave A over here as i am expecting this to be a regular flat correction.Hence if we see price falling in the wave B tgt zone and we see a reversal candle with a follow through coupled with momentum divergence then one can go long with reversal candle low's as stop-loss.
As the coming move will be impulse movement would be sharp as per my view.So keep an close eye on prices and try to find a trade setup in wave B price target zone
Primary : White
Intermediate : Yellow
Minor : Blue
Current Structure in Primary degree : 3-3-5 Flat
Current Structure in Intermediate degree : 3-3-3-3-3 Terminal Impulse
Current Count:Primary B,Intermediate C,Minor 5
On the basis of price movement It seems like we are making a Flat corrective pattern 3-3-5 in primary degree of which wave A and wave B is done and going ahead we can see an impulsive move of wave C in primary degree taking prices to primary wave A high's and even beyond. Currently we are in Primary wave B,Intermediate wave C,Minor wave 5.In regular Flat's generally wave B travel's 80% of wave A(I have shown 61.8 and 78%) retarcement of wave A over here as i am expecting this to be a regular flat correction.Hence if we see price falling in the wave B tgt zone and we see a reversal candle with a follow through coupled with momentum divergence then one can go long with reversal candle low's as stop-loss.
As the coming move will be impulse movement would be sharp as per my view.So keep an close eye on prices and try to find a trade setup in wave B price target zone
Заметка
Forgot to mention Minor degree structure Current Strucutre in Minor degree: Unclear can form diametric pattern unless we see faster retracement to 11800
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.