Regardless of wave 4 breaking into the price territory of wave 1 it is still valid to name this structure as a diagonal pattern.
I am assuming that the current move price has just found support at the 50% fibonacci level and will be looking for new highs in the near future.
I wish you all a profitable week/
God Bless You.
I am assuming that the current move price has just found support at the 50% fibonacci level and will be looking for new highs in the near future.
I wish you all a profitable week/
God Bless You.
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.
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.