According to basic wave trading, we are approaching wave 5. Taking an extension from wave 2 to wave 3 to wave 4 in order to determine wave 5. The completion of wave 5 according to the 1.13% extension we used is @ 67.5. A good long entry would be around 67.77 (1.13% extension) to TP-1 at 75.27 .
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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.