Tron is still playing out with the charted ABCDE wave 4 correction. You can argue that this ABCDE correction is actually a failed wave 5 wth an ABC correction but no matter how i plot that scenario I always have problems getting the count to fit. So I'm standing by my ABCDE triangle corrective wave 4 count unless i'm convinced otherwise.
Right now i'm watching for the bounce at 0.07 followed by a small retracement to complete wave 4.
My wave 5 targets are :
Target 1: 0.125
Target 2: 0.16
Right now i'm watching for the bounce at 0.07 followed by a small retracement to complete wave 4.
My wave 5 targets are :
Target 1: 0.125
Target 2: 0.16
Note
bah that zoomed out for some reason
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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.