Wave 5 rule "end of trend" - Anything at the end of the wave has a chance to fail. - Wave 3 extends more than 261.8% of Wave 1 and Wave 4 retraces more than 38.2% of Wave 1 + Wave 3.
advice - The last wave should only play 38.2% for safety. After that, you should wait for the end of the trend and then play on a down trend.
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.