wsbza

Bullish Structure

Long
wsbza Updated   
CBOT:S1!   None
maybe blue (w)-(x)-(y), maybe red (a)-(b)-(c) flat, or maybe it's already at the early stage of wave {iii}
Comment:
Larger Trend, possible primary pink wave C rally
Comment:
one more decline is also possible
Comment:
looking for trend line break to confirm the larger degree reversal is under way
Comment:
Comment:
a new high exceed recent green wave (b) top would suggest bullish count potential
Comment:
a solid daily close ( 4 hour minimum) above 1008'2 would suggest white wave iii of pink wave (iii) is likely under way
alternatively, if green a-b-c =a, a bigger flat for pink wave (ii) is also possible
Comment:
expanded flat for wave (ii)
looking for Fibonacci cluster area to provide potential support
Comment:

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


Email:info@ewc.space
Disclaimer

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.