WULF closed the week with an unexpected 18% swift advance to complete the structure of wave (b) in a three-wave sequence. The short-term bearish case remains intact. A decline of 23% in an impulsive wave (c) of ongoing correction in wave b(circled) would likely lie ahead.Wave Analysis >> The entire correction in wave b(circled) may have expanded in a flat formation in which wave (c) should have started its way down today.
The anticipated targets >> 3.32 >> 3.20
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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.