all the corrections from the waves r flats (3x3x5) and that 5 is motive wave, but as u can see they r all shrinking in every next correction. till now it have 4 motive waves whos bouncing from trend lines which points that this is corrective triangles and needs another one 5 motive to finish point E and to get out of this range. imo getting out will be upwards!
Note
srry i have a mistake in orange counting.. wave 1 and 2 r little lower! 1 is at 1770 and 2 is at 1792!Note
nice horizontal line :D
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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.