Possible correction of 4th wave is not over yet. We could be in X wave. And then next wave Y (impulse) will be down. Looks like FLAT
Note
Looks like wave (X) is over and we are going to the wave (Y)Alternate:
Correction has been over at wave (W) read (4). And now we are in 4 of (5) of I
OR
Double Alternate:
1st impulse wave I was over at (W) (read II) and now we are in the beginning of the wave III. in 4 of (1) of III
Possibly mess with wave's letters and numbers. sorry for that.
any thoughts ?
Note
based on the price action I think the main scenario is good. We are in (Y) downward impuseNote
And here we go! DownTrade closed: target reached
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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.