The First is above, which is the harmonic known as a bullish gartley, which would lead us to the 1.618 extension.
Other possible scenarios are a expanding falling wedge, inverse Head & Shoulders, or an ascending trinalge (will post below)
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
Other possible scenarios are a expanding falling wedge, inverse Head & Shoulders, or an ascending trinalge (will post below)
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
Note
This is how the expanding falling wedge scenario could play out
Note
Possibinverse Head and SHoudlers scenario
Note
Ascending triangle scenario
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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.
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.