Overview:
let's review the key points of the previous update (September 24th):
Update:
Analysis of the Structure:
We are in wave (b) of y of 2, developing as a flat. Right now, we are in wave 5 of c of (b).
Based on the fib retracements of wave (a) of y, I have 4328.89 or 4339.85 as my potential targets for the peak.
Analysis of the Cycles:
I think we got the first 10D cycle trough in the current 40D cycle yesterday. The 10D FLD cross has generated a target of 4350.
Some important dates/major troughs to remember:
1. 20D cycle trough: 17th of October.
2. 80D cycle trough: 25th October to 6th November
We are right at the 40W cycle FLD, which is supporting the price action for now. We might get a downside cross soon/next week.
let's review the key points of the previous update (September 24th):
- 40D cycle trough on September 25th, labeled as wave V of (a) of y of 2.
Update:
Analysis of the Structure:
We are in wave (b) of y of 2, developing as a flat. Right now, we are in wave 5 of c of (b).
Based on the fib retracements of wave (a) of y, I have 4328.89 or 4339.85 as my potential targets for the peak.
Analysis of the Cycles:
I think we got the first 10D cycle trough in the current 40D cycle yesterday. The 10D FLD cross has generated a target of 4350.
Some important dates/major troughs to remember:
1. 20D cycle trough: 17th of October.
2. 80D cycle trough: 25th October to 6th November
We are right at the 40W cycle FLD, which is supporting the price action for now. We might get a downside cross soon/next week.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.