Impulse wave 5 just started, Buy Opportunity
There is not much to say here, there is a clear irregular ABC correction and the beginning of wave 5 of the parent degree.
Because the ABC correction is a running flat, Wave C should have ended before wave A, it pushed the line further and returned, this is a very strong sign that wave 5 of the parent degree really started.
There is a very little chance that wave C continues to 61% or 50%, but chance is very small.
Let me know if you have a question.
Good Trading!
Because the ABC correction is a running flat, Wave C should have ended before wave A, it pushed the line further and returned, this is a very strong sign that wave 5 of the parent degree really started.
There is a very little chance that wave C continues to 61% or 50%, but chance is very small.
Let me know if you have a question.
Good Trading!
Note
Note
Check also parent idea: 
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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.