My current count has us working on a triangle for the 4th wave. Triangles commonly occur before the final 5 wave move of that degree, so as long as we don't brake down here we can expect one more push higher.
this also suggests that a very decent short opportunity is coming soon but we will cross that bridge when (and if) we get there.
this also suggests that a very decent short opportunity is coming soon but we will cross that bridge when (and if) we get there.
Note
I've had to readjust my triangle but as long as it doesn't brake the red dashed line the triangle is technically still valid
Note
This may be the beginning of the end for the ADA run.
I'm getting out here.
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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.