One more pendulum swing before rocket
We have finished the second Elliot pattern (purple). We have also broke out from downtrend (orange line).
But the chart pattern suggests that there is one pendulum swing (short-term bearish indication) before we shoot a massive rocket.
But the chart pattern suggests that there is one pendulum swing (short-term bearish indication) before we shoot a massive rocket.
Note
I'm a noob whose profile picture is a frog. You should not listen to a frog for financial advise.
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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.