It appears NU has been under correction for some time, following a massive
bearish plunge. This serves great knowledge in understanding its motive.
The corrective nature is quite unusual and thus drawn my eye to investigating
the WXYXZ correction pattern and it seems that it has to complete leg XZ in
order to validate the wave pattern. Quite interesting to watch unfold.
If you enjoy this post, please do like and comment with your views, they will be highly appreciated.
bearish plunge. This serves great knowledge in understanding its motive.
The corrective nature is quite unusual and thus drawn my eye to investigating
the WXYXZ correction pattern and it seems that it has to complete leg XZ in
order to validate the wave pattern. Quite interesting to watch unfold.
If you enjoy this post, please do like and comment with your views, they will be highly appreciated.
Note
Trade was never triggered, Looking to re-evaluate the setup
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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.