• Descending triangle formation
• Downward channel easily recognizable.
• HIgher Lows (barely) / Lower Highs (clear)
• Obvious EMA oscillation (repetitive)
• FIB levels/target met every time (78.6% recurrent)
• EW sequence showing signs of last descending impulse wave underway before corrective ABC pattern
• Buy zones: $110-$115 (aggresive) / $115-$130 (conservative)
• Target zone #1 = $160-$175 (conservative) / $175-$200 (aggresive)
• Target zone #2 = $215-$230 (conservative) / $230-$260 (aggresive)
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
• Downward channel easily recognizable.
• HIgher Lows (barely) / Lower Highs (clear)
• Obvious EMA oscillation (repetitive)
• FIB levels/target met every time (78.6% recurrent)
• EW sequence showing signs of last descending impulse wave underway before corrective ABC pattern
• Buy zones: $110-$115 (aggresive) / $115-$130 (conservative)
• Target zone #1 = $160-$175 (conservative) / $175-$200 (aggresive)
• Target zone #2 = $215-$230 (conservative) / $230-$260 (aggresive)
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***