This would be crazy, because I've only read that a truncated 5th wave is very rare. Could this be one?
Idea is that we just completed a 5th wave that failed to break the top of wave 3. Stoch just crossed bearish, RSI turned down.
Targeting the .382 fib of the overall move.
What do you think? Best of luck in your trades!
Idea is that we just completed a 5th wave that failed to break the top of wave 3. Stoch just crossed bearish, RSI turned down.
Targeting the .382 fib of the overall move.
What do you think? Best of luck in your trades!
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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.