Analyst Expectation:
- This is a raising/ending diagonal terminal pattern.
- It occurs at Wave C or Wave 5
- I expect price to close a bit above 78.6% of Wave 3 but won't touch 100%.
- The next price action should be a downward corrective pattern if it is a Wave 5 terminal pattern.
- Alternative, if it is an ending diagonal Wave C, i am expecting a Corrective Wave X then a probable Zig-Zag corrective pattern that will take the
price higher.
Thank you.
If you like my trading idea; follow me for more idea, like the idea and comment.
- This is a raising/ending diagonal terminal pattern.
- It occurs at Wave C or Wave 5
- I expect price to close a bit above 78.6% of Wave 3 but won't touch 100%.
- The next price action should be a downward corrective pattern if it is a Wave 5 terminal pattern.
- Alternative, if it is an ending diagonal Wave C, i am expecting a Corrective Wave X then a probable Zig-Zag corrective pattern that will take the
price higher.
Thank you.
If you like my trading idea; follow me for more idea, like the idea and comment.