This wave count states that minuette wave 1 green is unfolding as a leading diagonal.
Price is currently located in subminuette wave 4 orange.
Subminuette wave 4 is unfolding as a zig zag 3-3-5.
If price reaches subminuette invalidation price, then the idea for a leading diagonal is discounted. Consequently less confidence will be placed on preceding wave counts.
Price is currently located in subminuette wave 4 orange.
Subminuette wave 4 is unfolding as a zig zag 3-3-5.
If price reaches subminuette invalidation price, then the idea for a leading diagonal is discounted. Consequently less confidence will be placed on preceding wave counts.
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Related publications
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.