1) EW analysis shows that C= 1.618 * A = 15.75 = 0.5 Fib of whole move up. We are possibly in the last 5th wave down.
2) Trendline support at 15.50
These are potential areas of demand.
2) Trendline support at 15.50
These are potential areas of demand.
Note
Amazing! Tick to the tick reverse from 0.5 Fib @ 15.799
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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.