Elliot Wave Based Theory.
After the parabolic move we saw from the low 7400$, I believe we have set in the 3rd wave up as this is a common 1.618-2.0 target.
A corrective move should be inbound (soon), to set in the 4th wave.
After the parabolic move we saw from the low 7400$, I believe we have set in the 3rd wave up as this is a common 1.618-2.0 target.
A corrective move should be inbound (soon), to set in the 4th wave.
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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.