I think we are topping. Why?
The wave structure terminating the low is a 3 wave structure... or as it appears to me atleast.
For a trend to truly be a convincing reversal, we should be seeing a 5 wave structure indicating the end of the wave structure.
This is complex and the overall bullish sentiment makes me believe that we will top sooner or later.
The wave structure terminating the low is a 3 wave structure... or as it appears to me atleast.
For a trend to truly be a convincing reversal, we should be seeing a 5 wave structure indicating the end of the wave structure.
This is complex and the overall bullish sentiment makes me believe that we will top sooner or later.
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.
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.