Overview: in the last update, I expected that we are in wave 4 of c of (y) of b. So the basic idea was that we needed a pullback followed by a final push higher.
Update: I am still having the same idea, but with a little bit of relabeling to my hourly count: I think we are developing wave b as a triple zigzag and right now, the second wave (x) is developing as a flat with its wave 5 of c still missing.
Note that wave b can be complete as a double zigzag and the confirmation for that is if we break the ascending trendline on the hourly chart.
Update: I am still having the same idea, but with a little bit of relabeling to my hourly count: I think we are developing wave b as a triple zigzag and right now, the second wave (x) is developing as a flat with its wave 5 of c still missing.
Note that wave b can be complete as a double zigzag and the confirmation for that is if we break the ascending trendline on the hourly chart.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.