In the 240-minute chart, the first bearish wave (W wave) has finished around $ 1848.20 and the correction is around $ 1965.
We are currently in the Y wave, of which the first wave has completed around $ 1850 and the price is in the corrective movement of this trend.
It is possible that the corrective wave forming in the format of Flat Pattern, as a result of which the C wave can ascend in the form of 5 uptrend waves up to the range of 1904 to 1924 dollars.
We are currently in the Y wave, of which the first wave has completed around $ 1850 and the price is in the corrective movement of this trend.
It is possible that the corrective wave forming in the format of Flat Pattern, as a result of which the C wave can ascend in the form of 5 uptrend waves up to the range of 1904 to 1924 dollars.
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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.