Here is the closer view of the end of the 5th wave = Wave 1.
Looks like we might see an ending diagonal pattern within the blue boundary lines.
Also (if this wave count is correct) we might see a 3rd of a 3rd wave gap up very soon!
Remember we think this is the ending formation of the rally up from the Oct 3 low.
We are selling short near the top target zone of 317.50 area.
Looks like we might see an ending diagonal pattern within the blue boundary lines.
Also (if this wave count is correct) we might see a 3rd of a 3rd wave gap up very soon!
Remember we think this is the ending formation of the rally up from the Oct 3 low.
We are selling short near the top target zone of 317.50 area.
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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.
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.