As we can see sounds like we are in a big triangle and we would probably reach for the last leg of it. what i see is a 3 wave down and as shown in picture in wave C we have a divergence between wave 3 and 5 which signals that its probably the end of shorts!!
This analysis is mainly based on chart patters and harmonic Elliot waves! :)
Tell me what u think :)
This analysis is mainly based on chart patters and harmonic Elliot waves! :)
Tell me what u think :)
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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.