Breakout formation + retest of the previous breakout level (trendline).
ADSK completed a wave 1 during a ABC correction (wave 2) and bounced at the 61.8 fibo. From this level ADSK began a small impulsive movement.
ADSK completed a wave 1 during a ABC correction (wave 2) and bounced at the 61.8 fibo. From this level ADSK began a small impulsive movement.
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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.