Although current rally breached the previous low of wave C-1 or (3)-1, we still cannot ruin the possibility of 4th wave correction as this can be a complex corrective structure eg. triangle as long as the end of 4th wave did not touch the wave 1, further downside could happen.
alt count can be 12-12, or wave 4 of an expanding ending diagonal for wave C
alt count can be 12-12, or wave 4 of an expanding ending diagonal for wave C
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
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.