Hello world,
theory:
another possible impulse wave.
We have:
- a proper looking bullish Elliot impulse wave setup
- price action at (possible) peak level
- highly overbought RSI
What I am waiting for:
- waiting for 4 to turn at channel boundary
- possibly choppy (perhaps even wedgy) wave 4 correction
Happy for feedback.
All the best,
c4ss10p314
theory:
another possible impulse wave.
We have:
- a proper looking bullish Elliot impulse wave setup
- price action at (possible) peak level
- highly overbought RSI
What I am waiting for:
- waiting for 4 to turn at channel boundary
- possibly choppy (perhaps even wedgy) wave 4 correction
Happy for feedback.
All the best,
c4ss10p314
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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.