Road to $5.2K
My prediction has little bit difference, compared w/ other traders perspective.
This difference comes from EW counting of part below:
That means, we just have finished (b) and, going down to (c) point
[r-HS pattern perspective]
Even if it retraced almost 0.618 fib level (which is $3,565), right shoulder is too small compared with left one.
Bulls tried to hold this trend line, more than 3 times, but now it break down 4th of the time, which is not a good signal for bulls.
It failed to break up red cloud in 4hr frame.
So, my final target point is $5,200+ but I am waiting for retrace to the $3,200
This difference comes from EW counting of part below:
That means, we just have finished (b) and, going down to (c) point
[r-HS pattern perspective]
Even if it retraced almost 0.618 fib level (which is $3,565), right shoulder is too small compared with left one.
Bulls tried to hold this trend line, more than 3 times, but now it break down 4th of the time, which is not a good signal for bulls.
It failed to break up red cloud in 4hr frame.
So, my final target point is $5,200+ but I am waiting for retrace to the $3,200
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน