The last up move was invalidated by a dip below 16.4k, so it is either a Wave X or a B. No impulse.
May be a slow move now to the bottom before we get that buying opportunity. Not really tradeable unless you are day trading.
Watch out for range lows around 88.6% fib.
Good luck.
May be a slow move now to the bottom before we get that buying opportunity. Not really tradeable unless you are day trading.
Watch out for range lows around 88.6% fib.
Good luck.
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Invalidated.
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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.