2022 Bottom at 15600 started a Elliot Penta Wave Upwards. Reaching Wave 5 Top at 109,600.
ELLIOT CORRECTIVE WAVE has begun:
X to A Leg = 109,600 to 76,600 (Which was also a Bullish FVG and Fibonacci Golden Zone Retracement of Wave 5).
A to B Leg = 76,600 to 91,000/92,000 (Bearish Fibonacci Golden Zone) - SELL
B to C Leg = 92,000 to 60,000/58,000
ELLIOT CORRECTIVE WAVE has begun:
X to A Leg = 109,600 to 76,600 (Which was also a Bullish FVG and Fibonacci Golden Zone Retracement of Wave 5).
A to B Leg = 76,600 to 91,000/92,000 (Bearish Fibonacci Golden Zone) - SELL
B to C Leg = 92,000 to 60,000/58,000
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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.
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.