With the price movement of wave-(d) exceeding our expectations, the contracting pattern is not observed in the formed structure, and thus the contracting structure is no longer valid.
It appears that a reverse triangle is forming, but the targets remain unchanged.
Good luck,
NEoWave Chart
It appears that a reverse triangle is forming, but the targets remain unchanged.
Good luck,
NEoWave Chart
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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.
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.