Trend-base fib retracement major and minor EWT R 10844 for wave 5th.
=> 4W should not overlapped 1W: intentionally ignored from past research. More detail:
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timeCycle, fall expected date 8th/9th July 2020. As per PRICE ACTION, gap up can be seen and then a reversal.
History is going to repeat in this case, labeled 1 and labeled 2.
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Parallel Channel and Price Gravitation studied:
Ignored Intentionally the price which is outside of the parallel channel. We can be called them Access, Penetration whatever you want.
Upper Band has 4 touching and the lower band has 2 but important is Price Gravitation whereas "g" is waiting as the target. 10495 nearby
Upper-Band resistance zone starting from 10925-10979. You can set the alert this area for selling zone.
=> 4W should not overlapped 1W: intentionally ignored from past research. More detail:
-----------------------------------------------------------------
timeCycle, fall expected date 8th/9th July 2020. As per PRICE ACTION, gap up can be seen and then a reversal.
History is going to repeat in this case, labeled 1 and labeled 2.
-----------------------------------------------------------------
Parallel Channel and Price Gravitation studied:
Ignored Intentionally the price which is outside of the parallel channel. We can be called them Access, Penetration whatever you want.
Upper Band has 4 touching and the lower band has 2 but important is Price Gravitation whereas "g" is waiting as the target. 10495 nearby
Upper-Band resistance zone starting from 10925-10979. You can set the alert this area for selling zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.