Wave 3 target met, see previus idea.
MACD making higher bars still but RSI extremely overbought...
Might continue up a bit to touch 20000 or overshoot it...
May only be a wave 4 retracement if the count is correct...
Phased short entry from here: 19750 - 20000 - 20250 (AVG: 20000)
MACD making higher bars still but RSI extremely overbought...
Might continue up a bit to touch 20000 or overshoot it...
May only be a wave 4 retracement if the count is correct...
Phased short entry from here: 19750 - 20000 - 20250 (AVG: 20000)
Note
Might be turning, it didn't quite reach 20k, but it could still happen, this is the reason why phasing entries is usually a good thing...Note
If it sets through 19k is the first target (0.382 ret.)...
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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.