NeoWave analysis on XLMUSD at Daily time frame by Enayat Ashkian
The labels of the analysis is shown on the chart and described that wave XXY is completed.
Wave W : Truncated ZigZag
B / A : 45%
C / A : 49%
C / B : 109%
Change : -80%
Duration : 298 days
Wave X : Irregular
B / A : 113%
C / A : 94%
C / B : 83%
Change : 54%
Duration : 60 days
Wave Y : B-Failure Flat
B / A : 98%
C / A : 132%
C / B : 135%
Change : -71%
Duration : 35 days
Wave WXY :
X / W : 14%
Y / W : 28%
Y / X : 202%
Change : -91%
Duration : 487 days
Pattern Type : Correction
Status : Bearish Wave WXY is over.
Please discuss about this analysis including it's progress labels, future patterns, moves and ... using your described charts by comment on this page.
Regards,
Enayat Ashkian
The labels of the analysis is shown on the chart and described that wave XXY is completed.
Wave W : Truncated ZigZag
B / A : 45%
C / A : 49%
C / B : 109%
Change : -80%
Duration : 298 days
Wave X : Irregular
B / A : 113%
C / A : 94%
C / B : 83%
Change : 54%
Duration : 60 days
Wave Y : B-Failure Flat
B / A : 98%
C / A : 132%
C / B : 135%
Change : -71%
Duration : 35 days
Wave WXY :
X / W : 14%
Y / W : 28%
Y / X : 202%
Change : -91%
Duration : 487 days
Pattern Type : Correction
Status : Bearish Wave WXY is over.
Please discuss about this analysis including it's progress labels, future patterns, moves and ... using your described charts by comment on this page.
Regards,
Enayat Ashkian