BNB topped as Expected, now initial Targets for the ABC Retrace
Follow up to my previous analysis calling for 558 target/top (click).
AS mentioned in my last post, the target was overshot, but stalled right away.
Now we are in the obligatory A-B-C correction that is common to all markets.
Plotted are possible targets for the dip, based on Fib extensions and wave structure.
It is PLAUSIBLE that correction is DONE, break and hold of 558.
It is PROBABLE that we see one more leg down after small bounce.
It is POSSIBLE we see a much deeper correction, but no signs yet.
Previous analysis with Bigger Picture:
.
AS mentioned in my last post, the target was overshot, but stalled right away.
Now we are in the obligatory A-B-C correction that is common to all markets.
Plotted are possible targets for the dip, based on Fib extensions and wave structure.
It is PLAUSIBLE that correction is DONE, break and hold of 558.
It is PROBABLE that we see one more leg down after small bounce.
It is POSSIBLE we see a much deeper correction, but no signs yet.
Previous analysis with Bigger Picture:
.
コメント:
arget Hit, Finally!
The slow bleed has finally found our target, 509-510
.
Zoom IN (5 min) and looking at the wave structure
looks like a 5-wave structure for wave "B of C".
HOWEVER, that very last dip (red 4 to 5) might have one more leg to go.
Such a high velocity drop near the end, may bounce a bit then dip again.
Lets see how it plays from here.
===============================================================================================================
.
The slow bleed has finally found our target, 509-510
.
Zoom IN (5 min) and looking at the wave structure
HOWEVER, that very last dip (red 4 to 5) might have one more leg to go.
Such a high velocity drop near the end, may bounce a bit then dip again.
Lets see how it plays from here.
===============================================================================================================
.
コメント:
Bounce looking good.
a CHANCE that correction is done
===============================================================================================================
.
a CHANCE that correction is done
===============================================================================================================
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Taking a longer than originally plotted, but still looking good
a GOOD sign, reduce air speed before attempting a landing.
Maybe even pull off a touch-n-go (Ping) and resume trend.
===========================================================================================
.