the whole thing in the rectangle on the chart is a correction whose C wave is in the process of formation. as you can see, the B wave is a running flat. wait for a trade set-up at the consolidation and ride the c wave up.
Note
Price wasn't supposed to break the b wave, but it did. this is a sign that the b wave isn't complete yet.
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.
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.