According to wave theory it represents the Triple Correction Pattern (WXYXZ)
First Flat then Zigzag and now again a Flat correction is forming.
If this wave calculation is legit then ''Z'' should fall to minimum of 61.8% (2132.574) and maximum (2083.494)
First Flat then Zigzag and now again a Flat correction is forming.
If this wave calculation is legit then ''Z'' should fall to minimum of 61.8% (2132.574) and maximum (2083.494)
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Note
Triple Correction is invalid ...Related publications
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Related publications
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.