Burst bubbles usually stabilise at their long term trendline (red) and long term mean (blue).
Elliot wave count agrees.
Wave 2 was a sharp correction; therefore wave 4 should be flat.
Buy the dip becomes sell the bounce.
Elliot wave count agrees.
Wave 2 was a sharp correction; therefore wave 4 should be flat.
Buy the dip becomes sell the bounce.
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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.