Wave 4 was quite tricky. There are several alternative wave counts but I prefer this one because it adheres to all Elliott's rule. I hope the price will not break 66.92 as that will be a cut-off signal that Wave 5 of wave C of Wave 4 has started. Correction ABC might bottom at 38.2% (that's around wave 4), 50%, 61.8% and 78.6% areas.
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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.