The spike seems to be a corrective B bull trap.
But considering the possibility it formed another wave 3
=> the black wave12345 is new possible trend with wave 3 retraced @ 0.5 and wave 5= 0.618(from beginning -> end of wave 3)
the purple waves is the previous prediction.
But considering the possibility it formed another wave 3
=> the black wave12345 is new possible trend with wave 3 retraced @ 0.5 and wave 5= 0.618(from beginning -> end of wave 3)
the purple waves is the previous prediction.
Trade active
on trackNote
target reached.
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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.