We conclude wave 1 and wave 2.
Wave 2 = 0.618 x wave 1
Wave 3 = 1.618 x wave 1
Wave 4 = 0.382 x wave 3
Wave 5 = wave 1
After we can not get a new bottom, and a break of the last highest low, we start a new cycle, a reversal has completed wave 1 and wave 2, and will start the biggest wave of this movement.
Wave 2 = 0.618 x wave 1
Wave 3 = 1.618 x wave 1
Wave 4 = 0.382 x wave 3
Wave 5 = wave 1
After we can not get a new bottom, and a break of the last highest low, we start a new cycle, a reversal has completed wave 1 and wave 2, and will start the biggest wave of this movement.
Note
This is Invalid, becouse start wave 5 this dump, target 2879
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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.