Wave 2(Blue) was a Zigzag and we should expect a Flat for Wave 4(Blue). After Wave 3(Blue) completes, a lunge to the downside occurs and this is our Wave A of the Flat. We are on the Wave B(Black) of a Flat as Wave A(Black) has already completed. Our Wave B(Black) should go beyond the end of Wave 3(Blue) since it is a Flat.
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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.