Long downtrend is going to complete soon...
We have reached possible 4th wave of cycle that started 8th may - marked ((4)) . Wave is increasing value in prallel channel. I have marked possible ends - 1. after braking out of channel 2. After reaching 2nd wave range 3. After reaching border of large downtrend channel. If that three boundries will be braked up, we will have posible new uptrend or larger corretion (a least 38,2% ret.) ..
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.