If u see wave i is within a parallel channel , it means there is no ompulse wave , so is wave 3 and wave 5 , all between a parallel channel . This means, since it is going up , t will correct alleat in the territory of wave 2 . Who knows if it a wave 5 ending in a diagonal or just an other wave 1 ending in a diagonal . But I bet on the wave 1 scenario . Get ready to buy around 800-750 . But at this level we need to see three white soldiers . Regards
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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.
