Wave A is an impulsive wave that 5 subdivisions. Wave B is an abcde triangle and each wave has 3 subdivisios. a-b of the triangle is connected by wxy (also has 3 subdivisions each).
Look at smaller time frame to see (and confirm structure). Currently looking out for wave d of the triangle (wave 1 of 3) to complete then followed wave e 3 waves in the opposite direction, before there can be any break-out.
This is only an idea not financial advice
Look at smaller time frame to see (and confirm structure). Currently looking out for wave d of the triangle (wave 1 of 3) to complete then followed wave e 3 waves in the opposite direction, before there can be any break-out.
This is only an idea not financial advice
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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.
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.