Current Pattern looks to be completing as an ABC Correction.
Targeting the 0.5 Retracement level of the entire move down from 10K
This would now complete an X wave Up with a Z wave to Follow.
Target for wave 5 at 8080 Area.
Targeting the 0.5 Retracement level of the entire move down from 10K
This would now complete an X wave Up with a Z wave to Follow.
Target for wave 5 at 8080 Area.
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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.