Here is my current LINK chart, which I recently went over in detail. It assumes that the bottom isn't in on the 4th wave. If the bottom is in and price is moving into the 5th wave, you can simply adjust the 4th wave bottom to the previous low accordingly.
It also includes the likely level that would be hit during the April "flash crash" around the pattern’s 3rd support level line and FVG (fair value gap), as well as the likely areas above that it will need to break through in order to reach new all-time high territory—assuming that's even possible in this cycle.
Keep in mind that the "flash crash in April" is a theory of mine and may or may not come to fruition, or could be off in timing. And while these levels may be likely, they may not actually be the levels that get hit, even if the thesis itself is correct.
Good luck, and always use a stop loss!
It also includes the likely level that would be hit during the April "flash crash" around the pattern’s 3rd support level line and FVG (fair value gap), as well as the likely areas above that it will need to break through in order to reach new all-time high territory—assuming that's even possible in this cycle.
Keep in mind that the "flash crash in April" is a theory of mine and may or may not come to fruition, or could be off in timing. And while these levels may be likely, they may not actually be the levels that get hit, even if the thesis itself is correct.
Good luck, and always use a stop loss!
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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.