On Ger30 after the 5th wave was completed extensions started creating zigzag waves, each zigzag is separated by an intervening
three waves, producing what is called a double zigzag. So with that being visible on the chart, I labelled it WXY for it's correction.
three waves, producing what is called a double zigzag. So with that being visible on the chart, I labelled it WXY for it's correction.
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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.