Price continues towards price discovery finding resistance at the previous all time High Volume Node. Price is above the weekly pivot and 200EMA which is bullish and has momentum.
Wave © of C appears to be underway into price discovery with a target of $693 the R2 weekly pivot. This is because it has been printing a series of 3 wave structures. Wave B printed a triangle which is a pattern found before a terminal move reinforcing the Elliot wave count.
RSI is not yet overbought.
Safe trading
Wave © of C appears to be underway into price discovery with a target of $693 the R2 weekly pivot. This is because it has been printing a series of 3 wave structures. Wave B printed a triangle which is a pattern found before a terminal move reinforcing the Elliot wave count.
RSI is not yet overbought.
Safe trading
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Related publications
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.
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Related publications
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.