If the above double zigzag WXY is the end of larger degree wave (2) or (B), a wave (3) or (C) rally should appear very soon.
Note
Note
- equality in length between wave X and Y
- recent low near 61.8% Fibonacci level
- break above 609.21 could signal further upside potential at least for the short-term
Note
A new low came up today, we need to reconsider the overall patternNote
maybe this is a triple zigzag WXYXZ, no immediate bullish potential
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
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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.
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
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.