As you can see on chart we have completed wave (3)
After that we are in correction zone of wave (4), in which we are going from point A to Point B
Most like point B or wave B is near completion after that you will see a sideways move which i represent on chart as point C
After that we are in correction zone of wave (4), in which we are going from point A to Point B
Most like point B or wave B is near completion after that you will see a sideways move which i represent on chart as point C
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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.