Looks like this Triangle is coming to an end as price is in the support zone of wave ((e)) of wave 4.
So, we should see a bounce towards 5.0 and higher for wave 5.
A break above 4.76 is a good confirmation of bullish move.
Invalidation level is at 3.88 (end of wave ((a))
So, we should see a bounce towards 5.0 and higher for wave 5.
A break above 4.76 is a good confirmation of bullish move.
Invalidation level is at 3.88 (end of wave ((a))
Note
I don't think wave ((e)) is yet in place.Wait for price to fall a bit more before buying.
Note
I will to post my ideas here for easier access t.me/em16public
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
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Thanks !
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.