ANCOMLB has finally completed small tf W-1 and currently are going down for W-2 which there are a few limits that the wave have to comply to determine which type of next impulse.
For now, retracement is at W-2 of smaller TF, can expect quick a force down for W-3 down. Until it has completed smaller W-5, hold your pocket and ready to buy the dip.
Bigger timeframe is W-3, which is where all the EW practitioner is planning to enter.
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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.