What if we apply Elliott Wave Theory on RSI
While everyone is trying to guess the final price of 5th wave ! We can use this theory on RSI to give us an indication of how long it will last !!
So now, we can guess that everything comes to an end !! It may rise more but it will not last more than 3 days.
Be Ready for an (ABC) correction.
Waiting your opinions
Thank You
While everyone is trying to guess the final price of 5th wave ! We can use this theory on RSI to give us an indication of how long it will last !!
So now, we can guess that everything comes to an end !! It may rise more but it will not last more than 3 days.
Be Ready for an (ABC) correction.
Waiting your opinions
Thank You
Kommentar:
Previous chart used heikin ashi,
This one using regular candles
This one using regular candles
Kommentar:
Check RSI, 1st correction wave, it may stop here at 6600 or continue down to 6300-6200, Here You can start buying again for B wave
Kommentar:
Wave A is DONE
Be Ready For Wave B >> Up to 7500$
Be Ready For Wave B >> Up to 7500$
Kommentar:
If Resistance line is broken
we are going to (4200-4400)$
we are going to (4200-4400)$
Kommentar:
End of wave B
watch the black line closely (end of wave C) - END of correction
Start Buying again in 2 weeks at (4300-4500)$
watch the black line closely (end of wave C) - END of correction
Start Buying again in 2 weeks at (4300-4500)$
it seems we entered 1st correction wave