INTU seem to have completed complex ABC correction,.
Its last corrective leg had XYZ correction (provided we see break out from current segment)
It seem to be heading towards ~700 in coming weeks/months
Can the pattern change ?
Yes we may have a Z wave hitting channel bottom, or one more larger ABC may play out for next few months (this is low probability)
If any one needs larger time frame wave structure do comment so that I can share the road map that I see with INTU.,
Its last corrective leg had XYZ correction (provided we see break out from current segment)
It seem to be heading towards ~700 in coming weeks/months
Can the pattern change ?
Yes we may have a Z wave hitting channel bottom, or one more larger ABC may play out for next few months (this is low probability)
If any one needs larger time frame wave structure do comment so that I can share the road map that I see with INTU.,
トレード稼働中
Price broke the channel which is first confirmation of view.We need price to close above the earlier high (X wave), to get second confirmation of the view
トレード終了: 利益確定目標に到達
Happy to see my view worked, now a correction will follow which "may" take INTU price to ~650, before next impulse move begins
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免責事項
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.