The impulsive movement that helps creates the XA wave defines the retracement that follows.
It then retraces to point B before moving to point C. this movement represents around 113% and 141.4% of AB.
Point D is between 127% and 200% of BC. It is also 127% of XA.
It then retraces to point B before moving to point C. this movement represents around 113% and 141.4% of AB.
Point D is between 127% and 200% of BC. It is also 127% of XA.
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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.