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Look at the PETR4 chart I'll post below.

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Look at the PETR4 chart I'll post below. See the correction wave reach wave 4 that originated wave 5.
Nelson_Yamada
Trend Analysis

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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.
Trend Analysis
Nelson_Yamada

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.