The secrets of the Elliot waves :
1. Wave 3 is the highest peak or lowest valley read by the RSI indicator.
2. In general, the end of wave 5 (impulse) always presents a divergence pattern with wave 3.
3. Usually, the correction wave (A-B-C) will trace between impulse waves 3 and 4.
TAYOR!
1. Wave 3 is the highest peak or lowest valley read by the RSI indicator.
2. In general, the end of wave 5 (impulse) always presents a divergence pattern with wave 3.
3. Usually, the correction wave (A-B-C) will trace between impulse waves 3 and 4.
TAYOR!
Comment:
If we check candles daily now, upward rejection is greater than downward. That is, buying interest is reduced, plus prices have reached the current highest supply limit. I would say bullish if the price passes 1515 and TP 1530 - 1540.
