The long-term Elliott Wave pattern appears to be approaching completion, and primary Wave 5 could be an ending diagonal.
This formation suggests a significant reversal down to the start of the E.D, which would be around the COVID low. This would be only be Wave A in a larger bearish pattern.
This formation suggests a significant reversal down to the start of the E.D, which would be around the COVID low. This would be only be Wave A in a larger bearish pattern.
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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.