Looks like price is still in blue wave (iv) correction.
Support might be found around the blue box.
FIY, waves 4 have a tendency to go a bit outside the channel so, don't freak out if that happens.
Remember Horizontal support/resistance > Diagonal support/resistance !
Support might be found around the blue box.
FIY, waves 4 have a tendency to go a bit outside the channel so, don't freak out if that happens.
Remember Horizontal support/resistance > Diagonal support/resistance !
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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.