There is a 50/50 chance that we have topped...
The wave structure is very indicative of a completed impulse. However, i'm betting that we are just in a complex wave 4 and if this is the case, we should see a wave 5 taking out the high.
The risk to reward is pretty nice and playing spot will pay off.
The wave structure is very indicative of a completed impulse. However, i'm betting that we are just in a complex wave 4 and if this is the case, we should see a wave 5 taking out the high.
The risk to reward is pretty nice and playing spot will pay off.
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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.