Looks like we could be in yellow wave B now.
We're now Thinking we're in a possible expanded Shark pattern.
We should have the smaller (red labels) A-B-C up to finish the bigger Yellow wave B.
These wave B's can be very emotional and move very quickly and violently
We are still long from Friday and bought more calls at the open this morning
We're now Thinking we're in a possible expanded Shark pattern.
We should have the smaller (red labels) A-B-C up to finish the bigger Yellow wave B.
These wave B's can be very emotional and move very quickly and violently
We are still long from Friday and bought more calls at the open this morning
Note
approaching target sell zone now, looks like the expanded shark is working nicely. Typical expansion patterns are 112.8% as shown , but can also go to 127.2%
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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.