Reading corrections is hard. There are many different types and my previous counts have been invalidated already.
Here is one possible wave count that could describe the current correction, a flat ABC correction leading to a 0.786 deep retracement from wave 1.
Here is one possible wave count that could describe the current correction, a flat ABC correction leading to a 0.786 deep retracement from wave 1.
Note
I meant a zigzag ABC, not a flat of course!
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.