Buying impulse after next correction
Major trend is made of 12345 waves of impulse, at the end of final 5th wave we notice a change in direction with a breakout confirmation above upper borderline.
We expect to see prices pullback to give us retest at 50%fib, our validation level, invalidation level is at 5th wave.
We expect to see prices pullback to give us retest at 50%fib, our validation level, invalidation level is at 5th wave.
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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.