Experimental analysis with the intention to follow back later on as I am still learning
The pattern is a symmetrical
A Symmetrical is a 9-legged formation and almost all waves are similar in time
The ongoing rally suggests that wave f has not yet concluded and is likely to end once we observe a move faster than the strongest counter trend wave within wave f itself.
Once wave f is complete, we will proceed downward towards wave g.
The pattern is a symmetrical
A Symmetrical is a 9-legged formation and almost all waves are similar in time
The ongoing rally suggests that wave f has not yet concluded and is likely to end once we observe a move faster than the strongest counter trend wave within wave f itself.
Once wave f is complete, we will proceed downward towards wave g.
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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.