While price seems extreme bullish, (Yellow 1-2, 1-2,....), There is a potential ending diagonal count to be considered at this point. Either way Bull or Bear a slow down or consolidation seems likely.
Note
Note
A top or "the top".Markets "top" not always as expected. We could be finishing wave 3 of a larger scale wave five ending diagonal. So there is likely more choppy upside.
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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.