A clear impulse–correction–impulse structure has emerged in the major timeframe. A 1:1 upward movement is anticipated, potentially reaching the upper resistance zone and completing wave 4 of a contracting triangle. Monitor whether the price retests the 3343 level and observe the completion timing of wave C within the corrective ABC structure.
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.
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.