AVGO has completed its lower degree 5 waves and higher degree wave-3.
Currently it is correcting in ABC waves.
Blue line depicts probable path it may take correcting and then taking turn up towards a target of 315, which completes its higher degree Wave-5 and mostly larger Wave-5(Wave-V).
How can one enter ?
Wait for price to correct and make a entry pattern(as per Price action and RSI divergence)
Exit will be around 315 or any rule based system.
When this view will be negated:
If daily price closes below 193.25 above view gets negated.
Currently it is correcting in ABC waves.
Blue line depicts probable path it may take correcting and then taking turn up towards a target of 315, which completes its higher degree Wave-5 and mostly larger Wave-5(Wave-V).
How can one enter ?
Wait for price to correct and make a entry pattern(as per Price action and RSI divergence)
Exit will be around 315 or any rule based system.
When this view will be negated:
If daily price closes below 193.25 above view gets negated.
ノート
C wave (down leg) is still pending here, waiting for to confirm for next moveノート
We seem to have BO, if we have a followup candle, then trade is active for the target. ノート
Yesterday's candle is not bullish, we need bullish follow up candle to confirm BreakOutトレード稼働中
We are nearing targetトレード終了: 利益確定目標に到達
We are nearing Target, since its Wave5, it is unreliable, once can book profits here.,ノート
It may be doing ending diagonal, it is preferrable/safe to book profits here.,
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。