Short term count - just a thought, waiting for confirmation from price action (bullish scenario).
Wave 4 would mean 38% fib retracement from Wave 3
Wave 4 would mean 38% fib retracement from Wave 3
Note
My count on the weekly chart...Note
Alternative count assuming that actually this Wave 4 is a ZigZag with Wave B on it as a triangle... This would mean that before seeing Wave 5 developing we might see more bearish price action.
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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.