Estimating we are in a Triangle before the final leg down to finish the correction
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CORRECTIONWave D target is incorrectly placed
Correct target would be ~$7050 at 61.8%
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Maybe?Note
Trade closedInvalidated
Guess its not a triangle but instead a potential ABC
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A couple of estimates.Still thinking we are in the B leg of the final ABC of a Triple Three.
Looks like a potential Triangle (my previous estimate)
though I feel we need to swing higher before the drop to $5500
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Looks like it was a triangle after all
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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.