Possible wave (ii) complex correction in the form of a WXYXZ still in progress.
Expecting corrective rally to fail around the 2200 resistance zone.
A final wave down from there should find a bottom around the 1900 support zone where wave (ii) should end.
Expecting wave (iii) to commence from there...
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*would appreciate feedbacks and thoughts on this*
**this is not a trade recommendation, just an idea that I am working with**
Expecting corrective rally to fail around the 2200 resistance zone.
A final wave down from there should find a bottom around the 1900 support zone where wave (ii) should end.
Expecting wave (iii) to commence from there...
------
*would appreciate feedbacks and thoughts on this*
**this is not a trade recommendation, just an idea that I am working with**
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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.