Elliot Wave Analysis
Here we have EW4 forming, i'm looking for a test and rejection of 77.174/76.971 to potentially look for long opportunities and ride up to EW5
A break below EW1 would negate the pattern and cause me to stay flat
Prior we have a trendline breakout which was preceeded by a Class C bearish divergence
also have a missed weekly pivot below, so expecting price to test this.
Wait and watch
A break below EW1 would negate the pattern and cause me to stay flat
Prior we have a trendline breakout which was preceeded by a Class C bearish divergence
also have a missed weekly pivot below, so expecting price to test this.
Wait and watch
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.
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.