Major trend : Uptrend
Minor trend : Retracement
Note:
The price has rejected the support level of the triangle to form Wave ‘c’. Now she moves to resistance level of the triangle.
If the support level fail to hold the triangle, then the Wave ‘c’ is going to be 5 waves to complete Wave C of Wave 4.
This is just my EW view. Not recommended to trade based on this view.
TAYOR
Minor trend : Retracement
Note:
The price has rejected the support level of the triangle to form Wave ‘c’. Now she moves to resistance level of the triangle.
If the support level fail to hold the triangle, then the Wave ‘c’ is going to be 5 waves to complete Wave C of Wave 4.
This is just my EW view. Not recommended to trade based on this view.
TAYOR
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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.