Hi everyone,
Seems Wave 4 is ending - I've added the sub wave (grey) and sub Wave 3 seems to have finished but could extend a bit lower.
The overall trendline is maintained and we could retest the 50 cent zone before moving up and finishing Wave 5.
Kind regards,
Noel
Seems Wave 4 is ending - I've added the sub wave (grey) and sub Wave 3 seems to have finished but could extend a bit lower.
The overall trendline is maintained and we could retest the 50 cent zone before moving up and finishing Wave 5.
Kind regards,
Noel
Note
Price is retesting the trendline, maybe we could have a lower pullback going to 50 or even 45 cent zoneNote
Price pulled back lower then expected but did respect the 50cent - 45 cent demand zone:
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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.