Charts self-explanatory
An ABC Correction following an impulsive five wave. Correction completed at 1.618 extension, before heading back lower below the long term 200 average. Pin bar at previous low confirmed downside pressures.
An ABC Correction following an impulsive five wave. Correction completed at 1.618 extension, before heading back lower below the long term 200 average. Pin bar at previous low confirmed downside pressures.
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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.