It looks that the recent sharp leg down was the Wave C of Wave (4) and hence we can see a little more upside as Wave (5) takes it's course.
In any case precaution must be taken and strict stops must be put in place as the alternate count in Black can not be neglected at this point.
I will update further as this market progresses.
In any case precaution must be taken and strict stops must be put in place as the alternate count in Black can not be neglected at this point.
I will update further as this market progresses.
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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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.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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.