Wave 1/2 forms and 2 lands on 50% retracement , plotting out using major support and resistance we can plot out how the chart my form over the next couple of weeks.
Key Points
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Key Points
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- -Wave 2 does not go past the start of Wave 1
-Wave 3 is the longest wave
-Wave 4 does not enter Wave 1's area
-Wave 2 & 4 bounces off Fibonacci Retracement
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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.
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.