Lovely correction
Updated
I was a little to early with callling that wave 3 was in and did not expect that ending diagonal at the end.
So far targets the have not changed a lot.
Depending how we get to these levels this is potentially still a nice buying oppertunity.
This could be a (W) Zigzag in the first wave of the correction (WXY likely).
So far targets the have not changed a lot.
Depending how we get to these levels this is potentially still a nice buying oppertunity.
This could be a (W) Zigzag in the first wave of the correction (WXY likely).
Trade closed: target reached
We hit 31k target area much faster than anticipated, looks like we got an extended 5th in an extended 5th scenario for the C leg.Time will tell if this is the W of the larger correction or this completed the wave 4 completely.
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.