If we don't see a sharp move in the next day or so this pattern/price target isn't correct.
I'm looking for a WXYXZ to form. We already have WXY - just waiting for the the last X to drive prices to $16400-ish then wave Z to complete wave 1 down,
this will set up for wave 2 up, followed by(sadly) the decline of the decade in wave 3. Wave 2 must complete and wave 3 begin to measure the severity of wave 3 length
I'm looking for a WXYXZ to form. We already have WXY - just waiting for the the last X to drive prices to $16400-ish then wave Z to complete wave 1 down,
this will set up for wave 2 up, followed by(sadly) the decline of the decade in wave 3. Wave 2 must complete and wave 3 begin to measure the severity of wave 3 length
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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.