Wave 1 is around 1600%, Wave 3 is 400%, that is the 4 times less then Wave 1, and if we use that formula for the Wave 5 we will have 100% up. IF we have 100% up for the Wave 5, we will perfect touch the fib 1.618.
U can also see that from Wave 1 to Wave 2 we are having a Flag pattern, and now from Wave 3 to Wave 4 also, with the same breakout scenario.
Too much coincidence in this one bull trend?
U can also see that from Wave 1 to Wave 2 we are having a Flag pattern, and now from Wave 3 to Wave 4 also, with the same breakout scenario.
Too much coincidence in this one bull trend?
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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.