After calling wave 5 completion & A-Retracement wave correctly
Now its time to look at the B wave completion and resulting turning point. This could be it? Looking one step further I see a potential C-wave creating a wedge on support trendline.
A breakout of the ABC Retracement wedge could lead to new high towards end of the summer.
A breakout of the ABC Retracement wedge could lead to new high towards end of the summer.
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.