Possibly one more wave down before the rebound. 4th almost done
scenario 1, we have one more wave in 4th to finish the ABCDE structure, then 5th wave starts and find support near 2200.
Another scenario is that we are already in 5th that didn't quite play out and we break resistant on our way to 2800.
Another scenario is that we are already in 5th that didn't quite play out and we break resistant on our way to 2800.
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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.