After the complex Head & Shoulders now holding we can now apply some targets for a tenuous "measured move down" for the pattern!
Calculations below for WXY if that's what we are forming as an Elliott Wave correction for Wave(2) :-
Leg 1 : (31035 - 26891) = 4054
(4054/31035) x 100 = 13.06%
29851 - (29851 x 13.06%) = $25952
Leg 2 : (29851 - 25800) = 4051
(4051/29851) x 100 = 13.57%
27478 - (27478 x 13.57%) = $23749
Calculations below for WXY if that's what we are forming as an Elliott Wave correction for Wave(2) :-
Leg 1 : (31035 - 26891) = 4054
(4054/31035) x 100 = 13.06%
29851 - (29851 x 13.06%) = $25952
Leg 2 : (29851 - 25800) = 4051
(4051/29851) x 100 = 13.57%
27478 - (27478 x 13.57%) = $23749
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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.