This is a very bullish wave count. However, it requires a confirmations, which could be an upward impulse. For example, let's look at an impulse in wave (i) of [iii]. That's what we need to have like a confirmation here. So, I'm out of the market and I'm not going to buy until we've got a small bullish impulse wave.
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💪 ElliottWave Trader since 2004. 20 years of experience.
🇬🇧 t.me/Waveology
🪆 t.me/TraderIgnat
🇬🇧 t.me/Waveology
🪆 t.me/TraderIgnat
Related publications
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.