- We can easily spotted a Zigzag correction on the chart - Intermediate (A)(B)(C)
- Intermediate (C) seems to be a 5th wave failure pattern, where price should retrace back to at least 100% of the whole wave (51)
- TP no.2 is set at 71 - 61% retracement of the Intermediate Zigzag pattern.
- There is a possibility that we can see a new high in this bull run, but at this moment things remain uncertain.
- Intermediate (C) seems to be a 5th wave failure pattern, where price should retrace back to at least 100% of the whole wave (51)
- TP no.2 is set at 71 - 61% retracement of the Intermediate Zigzag pattern.
- There is a possibility that we can see a new high in this bull run, but at this moment things remain uncertain.
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Pirce is working according to plan.
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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.