The correction extends on the downside, forming a WXY for now.
I marked a fib cluster (the grey area) that can mean a potential end of the wave Y.
However, wave Y can go down more until around the 90.743 price area.
If it goes below that level, we may have a diagonal forming, as we are finding ourselves into a bigger Wave 5, where an ending diagonal can happen sometimes.
I marked a fib cluster (the grey area) that can mean a potential end of the wave Y.
However, wave Y can go down more until around the 90.743 price area.
If it goes below that level, we may have a diagonal forming, as we are finding ourselves into a bigger Wave 5, where an ending diagonal can happen sometimes.
YMagnify offers timely analysis that is highly relevant in the market at the moment of posting.
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
YMagnify offers timely analysis that is highly relevant in the market at the moment of posting.
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts only.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.