This to me it looks like a variation of a zig zag, comprised of irregular flat, a flat and diagonal.
Why do i have wave B of the 4th wave as it is, this is because of the guideline that wave c will come in 5 waves most of the time, in this case resulting with a diagonal.
Wave 5 should will mostly travel the same length as wave 1, hence the projected termination of level 5.
Any thoughts?
Why do i have wave B of the 4th wave as it is, this is because of the guideline that wave c will come in 5 waves most of the time, in this case resulting with a diagonal.
Wave 5 should will mostly travel the same length as wave 1, hence the projected termination of level 5.
Any thoughts?
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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.