Overview: I need to refer to a very important note on the previous update:
"So far, this count has not been invalidated, but due to the strength observed on TSLA , I now prefer to change my count, as it is not the most probable scenario anymore, yet not impossible."
Update: It seems I was tricked by the price action of TSLA in the previous update as I was expecting TSLA to rally a little more before rejection for the next bearish leg.
Now, I am going back to the count of 2 weeks ago : we are in wave (III) of C of (Y) of B. Looking at the 4-hour chart, we are in the final stages of wave a of (III) of C of (Y) of B.
Note that a decisive breakdown of the hourly bullish channel is a strong confirmation of our count.
"So far, this count has not been invalidated, but due to the strength observed on TSLA , I now prefer to change my count, as it is not the most probable scenario anymore, yet not impossible."
Update: It seems I was tricked by the price action of TSLA in the previous update as I was expecting TSLA to rally a little more before rejection for the next bearish leg.
Now, I am going back to the count of 2 weeks ago : we are in wave (III) of C of (Y) of B. Looking at the 4-hour chart, we are in the final stages of wave a of (III) of C of (Y) of B.
Note that a decisive breakdown of the hourly bullish channel is a strong confirmation of our count.
Verbundene Veröffentlichungen
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.
Verbundene Veröffentlichungen
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.