It appears that micro wave 4 developed as a zigzag and has bounced off Ichimoku’s leading span B.
We should now begin micro wave 5 up.
If prices decline below 3837.87, micro wave 4 is still in effect. Under this scenario, prices shouldn’t decline below Ichimoku’s leading span A before beginning micro wave 5 up.
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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.