I don't like complicated Elliot Waves, it can get confusing. But I love them for simple ABCD targets. If we can hold this level I think we go back up to the target I put, it also lines up perfectly with where the market broke down so that lines up pretty amazing, seeing the market likes to re-test breakdowns. Looks bearish now, but I could see us attacking that breakdown area.
Don't speculate or listen to the news, it's all in the charts.
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Don't speculate or listen to the news, it's all in the charts.
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.