Elliot Wave rules. You are expected to retrace into the area of a Fourth wave of one less degree. Triangles can be found in 4th waves. I have a triangle in pink below around 9k. Expect price to land somewhere in the center of the Triangle.
Happy 4th of July and hope everyone crushes it.
Happy 4th of July and hope everyone crushes it.
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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.