Three drives pattern on going.
Or we are on wave 5 down, expect a retrace to 1.272(2023.7) or 1.618(2011.3).
Then probably A up to .618(2047), or the TP of Three drives pattern.
Or we are on wave 5 down, expect a retrace to 1.272(2023.7) or 1.618(2011.3).
Then probably A up to .618(2047), or the TP of Three drives pattern.
Note
or A up to the whole pattern's .618(2037), the pattern starts from 2079 to 2011Note
Revise the chart in the comments, a TP further down is 1981.4
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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.