Long
$CCIV bigger picture Elliot Wave
Please see notes,
Seems like 1st wave was finished and the heavy dump is a 0.618 0.786 fib retracement which is typical for wave 2 corrective.
If we assume we are in the 2nd wave then it's time to head towards the 3 wave which is 1.618 of wave 1 fib extension.
Can we see CCCIV reaches $115 ???
LMK BELOW
Seems like 1st wave was finished and the heavy dump is a 0.618 0.786 fib retracement which is typical for wave 2 corrective.
If we assume we are in the 2nd wave then it's time to head towards the 3 wave which is 1.618 of wave 1 fib extension.
Can we see CCCIV reaches $115 ???
LMK BELOW
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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.