23.6% retr of wave3 which did a perfect 1.618 extention of wave1 projected from wave2. wave2 also retraced 78.6%. Meaning the 23.6% retracement here for wave4 is slightly more likely due to the law of alternation
Note
Looking for Wave4 to do a 23.6% retracement of Wave3. Leeway being allowed up until the 26.5% retracement until this becomes invalidated.
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.