Hi Friends , Market has paused indicating termination of Inter-mediate Wave (III) now its on corrective move which indicate its going to be time consuming move On Extended wave (II) we saw it was deep time wise shallow by price wise so expect the wave 4 will be sharp by price wise and shallow by time wise
The function of Time in wave (IV) will be shallow the correction time will be much lesser then wave (II) formation
The function of Price in wave (IV) will be sharp by nature and it will have higher % move on both side with in its internal structure
One can look for Entering on termination of 3 step move and look to ride next move up
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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.