Haven't delve much into Elliot Wave but I did read up about it and this "looks" similar to a flat ABC correction, with wave C ending closely to wave A
either way, we have a breakout of a rising wedge pattern on the 1h timeframe.
On 4hr, we can clearly see an inverted hammer with a bearish engulfing as well
either way, we have a breakout of a rising wedge pattern on the 1h timeframe.
On 4hr, we can clearly see an inverted hammer with a bearish engulfing as well
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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.