Oscillators divergence may signal wave ((3)) ended 8.2899 right into the 1.618 fib extension of wave i. Below 8.2899 we allow wave iv to unfold with possible support 0.382 fib retracement of wave iii. We are expecting the price to remain into the previous wave ((4)) span.
Note
Breaking above 8.2899 we are looking to the upside for wave v (the alternate count)
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.