HG1!: 🕐6h
A big review of this asset is planned for the first half of next year, but decided to make a small update to the count, as the current sideways formation looks very much like a bullish contracting triangle that is about to be completed. On completion of the final wave E of (B), there will be a good trading setup for a long position.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
A big review of this asset is planned for the first half of next year, but decided to make a small update to the count, as the current sideways formation looks very much like a bullish contracting triangle that is about to be completed. On completion of the final wave E of (B), there will be a good trading setup for a long position.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🆓 Больше аналитики в Telegram: t.me/freetradelife
📚 Методичка (Elliott Wave Guide): t.me/elliottwaveprincipal
📚 Библиотека (Ellott Wave Archive): t.me/biblioewa
💎 Premium: t.me/freetradelife_premium
📚 Методичка (Elliott Wave Guide): t.me/elliottwaveprincipal
📚 Библиотека (Ellott Wave Archive): t.me/biblioewa
💎 Premium: t.me/freetradelife_premium