RIVN we have two possibilities either it’s an impulsive and we are in wave four of a correction to heads back up or we head down to retracement between 11.54 to 11.19 As of this moment just made his third wave of c back up is the move up it is wave 4 of c and is heading down back into a small box with the blue labeled as five of C if it stopped over there in that ratios, it will heads up then he should be this is wave 4 and will head back up to wave five But to be honest with you, it looks like correction for Wave 4 also, could be wrong and that have completed an ABC wave and will try to head back down
Trade closed: target reached
From now you should see it up to wave 5
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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.