The correction extends on the downside, forming a WXY for now.
I marked a fib cluster (the grey area) that can mean a potential end of the wave Y.
However, wave Y can go down more until around the 90.743 price area.
If it goes below that level, we may have a diagonal forming, as we are finding ourselves into a bigger Wave 5, where an ending diagonal can happen sometimes.
I marked a fib cluster (the grey area) that can mean a potential end of the wave Y.
However, wave Y can go down more until around the 90.743 price area.
If it goes below that level, we may have a diagonal forming, as we are finding ourselves into a bigger Wave 5, where an ending diagonal can happen sometimes.
YMagnify offers timely analysis that is highly relevant in the market at the moment of posting.
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
YMagnify offers timely analysis that is highly relevant in the market at the moment of posting.
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.