Wave (iii) coming to an end, expecting therefore a pullback as wave (iv), wich ideally should end inside the channel.
As long as price stays above wave (i), the view remains bullish.
As long as price stays above wave (i), the view remains bullish.
Note
Price moving lower, wave a seems to be in place, now making wave b.Look for the violet zone for a possible reversal.
Note
Note
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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.