Updated
WAVES - are we done with falling ?
As we look at the Eliot waves , we complete 5 big waves downwards..
Right now I suspect some consolidation before we will get bullish again!
Let's see what happened!
Right now I suspect some consolidation before we will get bullish again!
Let's see what happened!
Note
No difference than a few days before .. as predicted, it will consolidate for a few more days/weeks before we can see some action..Mostly we see some increase in volume, so we will wait for that before we take some position!
Note
It is possible to see waves even go deeper, it doesnt cross the EMA 21 and as I see it right now it will try to find a new support level. Hopefully it is the level where he is wright now, otherwise we don't know where the support is holding..
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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.