Elliott Wave Outlook
Overall trend is assumed to be bullish as the final bullish wave 5 is forming
* Sell The breakout of the pink arrow
* Buy the breakout of the green arrow which signals the bullish wave 5 , whose its targets are shown by 1 , 1.618 & 2.618 red fibo levels .
* Sell The breakout of the pink arrow
* Buy the breakout of the green arrow which signals the bullish wave 5 , whose its targets are shown by 1 , 1.618 & 2.618 red fibo levels .
Note
This is a more detailed chart Currently , the bearish corrective wave 4 is in progress , it can be flat - which is already formed - or a contracting triangle which is currently in progress
Trade closed: target reached
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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.