price follows the path posted earlier
wave A (white) of triangle looks completed within 3 smaller waves a-b-c (yellow)
where wave c is slightly larger than wave a and wave c broke below the valley of wave a
up next is wave B (white) in the opposite to wave A direction to the upside
this wave will be confirmed above $4,601 (recent peak)
triangle is confirmed only when we have 3 waves in place, we only have 1 wave done
large wave 4 that we observe now still could be anything as triangle is just
my perception
wave A (white) of triangle looks completed within 3 smaller waves a-b-c (yellow)
where wave c is slightly larger than wave a and wave c broke below the valley of wave a
up next is wave B (white) in the opposite to wave A direction to the upside
this wave will be confirmed above $4,601 (recent peak)
triangle is confirmed only when we have 3 waves in place, we only have 1 wave done
large wave 4 that we observe now still could be anything as triangle is just
my perception
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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.