Charting parabolic moves is impossible. I've said it before, but made an attempt anyway. The first leg of the correction was predictable and textbook. Right now, we're in a bit of a limbo.
I have abandoned the macro count for now, and will reassess when more data becomes available.
For now, I see a channel, and I am playing for a bounce. Bounce could be impulsive or corrective. Two paths proposed.
I have abandoned the macro count for now, and will reassess when more data becomes available.
For now, I see a channel, and I am playing for a bounce. Bounce could be impulsive or corrective. Two paths proposed.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
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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.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
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.