Idea, everything start from small, looking at an ABC pattern drop.
Target last Low(2801), should be there next week.
Target A, this is the same distance it ran from last low:2801 to recent high:2892 about 91 pts. so, 2801 - 91 pts, is around 2710.
Target B, this is the same distance it ran from all time high:2954 to last low 2801 for about 153pts. so 2801 - 153 pts, is about 2648.
so, target range 2648-2710.
Target last Low(2801), should be there next week.
Target A, this is the same distance it ran from last low:2801 to recent high:2892 about 91 pts. so, 2801 - 91 pts, is around 2710.
Target B, this is the same distance it ran from all time high:2954 to last low 2801 for about 153pts. so 2801 - 153 pts, is about 2648.
so, target range 2648-2710.
トレード稼働中:
first target of last low hits, next week, should see a breakdown.
the idea behind this is using the close price as A body rather than using May 13's low
so target range is now 2671-2710