The previous chart was invalidated as wave 3 has completed and we are now in a wave 4.
It could be over as price approaches the channel's downside but is yet to reverse.
The target for wave 5 is located within the blue blox between 74 and 80.
It could be over as price approaches the channel's downside but is yet to reverse.
The target for wave 5 is located within the blue blox between 74 and 80.
Trade closed manually
Book profit and wait to short as it's not an impulsive upmove it is a corrective structureDisclaimer
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.
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.