Looks like the Elliott Corrective Wave (ABC) perfectly played after the Elliott Wave (12345).
The gartley that formed also comforts the idea for a next leg up with a target (Gartley pattern + corrective way) of approximatively 61K.
Notice the small bullish divergence on MACD and RSI as well.
It would form another (bearish) Gartley from there. To be continued...
The gartley that formed also comforts the idea for a next leg up with a target (Gartley pattern + corrective way) of approximatively 61K.
Notice the small bullish divergence on MACD and RSI as well.
It would form another (bearish) Gartley from there. To be continued...
Note
The GartleysNote
How a single tweet can change the most legit TA...twitter.com/elonmusk/status/1394014053580910595/photo/1
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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.