If this pivot holds , we are good to go .
Retracement is still 3 wave looking structure.
Normaly 5 waves are stronger than 3.
Waves 2 are usually sharp zig zags with deep retracements.. Here we have one.
Retracement is still 3 wave looking structure.
Normaly 5 waves are stronger than 3.
Waves 2 are usually sharp zig zags with deep retracements.. Here we have one.
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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.