A breach below the $43,082 support level could indicate the completion of Wave E and possibly the conclusion of Wave 2. The peak occurred at $43,882, representing a distinct rejection of the 50% retracement. To confirm this scenario, watch for a breach of $41,620 or the initiation of Wave E.
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.
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.