this is a point where a lot of FOMO/BUY THE DIP traders get caught.
Is this 5th wave pump a 5th wave extension or in fact is it a new 1st wave impulse wave making a new set.
You really need to wait and get confirmation of a hold in support of a new 2nd wave before jumping in
Is this 5th wave pump a 5th wave extension or in fact is it a new 1st wave impulse wave making a new set.
You really need to wait and get confirmation of a hold in support of a new 2nd wave before jumping in
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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.