In the comment of the previous idea i wrote, that i`d like to see the third wave of divergence. Here it is. But i dont think that`s this is my awesome analysis, this was just possible and quite logical, considering the resistance to fall and some consolidation after two strong div waves. In addition to the outcome of this situation we can see the following: 1. Break through and 6700 ( 1.414 fibo from previous idea) 2. Bounce from resistance, divergence and correction to the channel support line at least.
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.