The move downwards looks definitly corrective.
The motive (expanding diag ) is not as strong as an impulsive wave. but still it is what we need to make things go higher.
stops arent far away. Invalidation of a motive wave is also a a potential stop loss zone .
Send it. If everything goes, this can.
The motive (expanding diag ) is not as strong as an impulsive wave. but still it is what we need to make things go higher.
stops arent far away. Invalidation of a motive wave is also a a potential stop loss zone .
Send it. If everything goes, this can.
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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.