Here is a corrective structure that could be called a bull flag,
This bull flag could be over, or not, thats why i have 2 alternatives, the channel, and the line. So there is a possibility of price going down to the channel for wave c.
In any case, i will be interested in buying only when it breaks out of this channel, or goes beyond the end of wave B
This bull flag could be over, or not, thats why i have 2 alternatives, the channel, and the line. So there is a possibility of price going down to the channel for wave c.
In any case, i will be interested in buying only when it breaks out of this channel, or goes beyond the end of wave B
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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.