The market has just formed a clean initial impulse and broke out of the descending Andrews pitchfork, which tells us one thing: the correction is about done. (I previously expected a triangle as a possible correction, but the structure is now clear.)
From here, the next step is simple — a new all-time high.
Targets: I’m focused on the 127.2% and 161.8% Fibonacci extensions of the correction.
Trading plan: I’m waiting for a local 3-wave pullback — and only then I’ll enter on the breakout. Entering “just because it dipped” — ❌ never an option.
From here, the next step is simple — a new all-time high.
Targets: I’m focused on the 127.2% and 161.8% Fibonacci extensions of the correction.
Trading plan: I’m waiting for a local 3-wave pullback — and only then I’ll enter on the breakout. Entering “just because it dipped” — ❌ never an option.
I help traders and investors achieve consistent profits across all financial markets.
Telegram: t.me/Aextracapital
Telegram: t.me/Aextracapital
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.
I help traders and investors achieve consistent profits across all financial markets.
Telegram: t.me/Aextracapital
Telegram: t.me/Aextracapital
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.