Observations
Disclaimer
For informational purposes only and not deemed as financial advice.
- ABC correction was thought to be completed, which would lead to the start of the next impulse wave
- However we are now likely headed for further correction (i.e. form ABCDE correction) based on the current momentum
- If we break 12.55 with strong conviction (i.e. significant volume) then I do not see this as the impulse wave
Disclaimer
For informational purposes only and not deemed as financial advice.
Note
In regards to my last bullet point, the word "if" should be "unless".
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.
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.