Chart finished a bearish Elliot Wave and now can u-turn. Since it didn't complete full volume correction, it can go directly to 338% of E.W. fibonacci.
Sidenote: I have two boxes and don't know which on chart will go, but it will still go up so there shouldn't be any problem.
- Fibonacci is between 2 and 4 of E.W.
- The boxes are from an hour that was five times repited from a previous HH (or LL).
- Retest can finish without hitting the box.
Sidenote: I have two boxes and don't know which on chart will go, but it will still go up so there shouldn't be any problem.
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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.