Looks like we just completed a leading diagonal (1 / A ) corrected (2 / B ) and heading to new highs ( 3 / C )
If we don't take out $274 to form a larger correction, this should be a long 5 wave all new highs move.
Looks very impulsive to me.
$355 is the 100% of (1 / A )
Trade active
Entering the final stages of wave 5. Look for reactions at price levels: $369 $386 $405 Final
Also, It should be choppy, so although its looking impulsive as of today, I'd expect a move back toward $345 in the coming day to weeks.
Trade active
Still in 3rd of the last 5th wave from what I can see. waves are hard to count as it's basically straight up.
Any way. $369 hit precisely and bounced. I'd like to see a move slightly above $369, come back to $355-sh (in 3 corrective waves like back in Oct 2023) before taking $386. Anyway, $386 is the next target, but I'd be cautious and looking for a pullback(dip)
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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.