i still don't think it's over. i have connected 1 to 3 and 2 to 4. wave 4 doesn't seem complete. im expecting the market to overlap with 1 (above 369) and then move down towards 309. as long as both trendlines converge it qualifies as an ending diagonal. i still think we have a very good chance at touching 309. thats where wave 1 equals wave 5 on the longer term chart. it needs more time to complete i guess
it wasn't correct to draw a trendline starting at 453. the correct way is to join 1 to 3 and 2 to 4. both lines should converge
it wasn't correct to draw a trendline starting at 453. the correct way is to join 1 to 3 and 2 to 4. both lines should converge
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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.