Complex correction
We had a flat three wave correction (wave W). This correction was followed by a zigzag correct (wave X)
that stopped at the 38.2% retracement level.
The impulsive reaction from that level suggest we should see a zigzag correction for wave Y
that should takes us to around 1.6, from where the decline could resume.
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Good luck!
that stopped at the 38.2% retracement level.
The impulsive reaction from that level suggest we should see a zigzag correction for wave Y
that should takes us to around 1.6, from where the decline could resume.
Disclaimer: traderwgun.com/?page_id=26
Twitter: twitter.com/atliveanner
Tradingview: tradingview.com/u/traderWgun/
Mail: traderwgun1gmail.com
Good luck!
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.
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.