(Inverse Chart)
-12345 Impulse Waves
-ABC Correction Waves
-1:1 extension of the A wave to the C puts it at $2203 with a potential capitulation wick down to $1799 which hits the .5 Fib
-Macro Broadening Wedge
-After capitulation we would then have a bounce and then accumulation for months before the start of a new uptrend which leads to the next bull market!
-12345 Impulse Waves
-ABC Correction Waves
-1:1 extension of the A wave to the C puts it at $2203 with a potential capitulation wick down to $1799 which hits the .5 Fib
-Macro Broadening Wedge
-After capitulation we would then have a bounce and then accumulation for months before the start of a new uptrend which leads to the next bull market!
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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.
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.