Labeled in a bearish impulse within Minor C (red), which presents an extension and a sustained sell-off.
The down-trend could finalize with Minute V (red), with its last sub-wave Minuette (v) (black) possibly ending the bearish cycle in Minor C (red).
Bullish divergence could trigger a new up-trend in Intermediate (C) (green).
The down-trend could finalize with Minute V (red), with its last sub-wave Minuette (v) (black) possibly ending the bearish cycle in Minor C (red).
Bullish divergence could trigger a new up-trend in Intermediate (C) (green).
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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.