price are rising inside blue parallel channel since it made double bottom
price has made price channel with WXY correction wave with extended wave Y,
wave Y further subdivided into (a)(b)(c) corrective wave, while (a) and (c) again further subdivided into 135 impulsive wave
fib projection for wave Y and (c) both are predicting resistance at upper trend line of the channel
this is corrective wave structure with third wave extended
here we have extended wave Y and and (c)
complete wave structure
wave WXY, with y extended into (a)(b)(c)
wave (a) and (c) extended into 135 impulsive wave
resistance
1854 /57 /74
wave Y= 1.618 wave W
wave (c)= 1.382 wave (a)
(sell zone is 1.618 projection for wave Y with 1.382 and 1.618 projection for wave (c) )
price has made price channel with WXY correction wave with extended wave Y,
wave Y further subdivided into (a)(b)(c) corrective wave, while (a) and (c) again further subdivided into 135 impulsive wave
fib projection for wave Y and (c) both are predicting resistance at upper trend line of the channel
this is corrective wave structure with third wave extended
here we have extended wave Y and and (c)
complete wave structure
wave WXY, with y extended into (a)(b)(c)
wave (a) and (c) extended into 135 impulsive wave
resistance
1854 /57 /74
wave Y= 1.618 wave W
wave (c)= 1.382 wave (a)
(sell zone is 1.618 projection for wave Y with 1.382 and 1.618 projection for wave (c) )
Comment:
daily vs h4 time frame
