wxyxz on UBL
UBL chart shows a WXYXZ correction pattern on wave 4. as per EW theory after 3 times of ABC correction it indicates a completion of a leg, and the next leg would start after it. preserving capital is the foremost important target of any trader rather than looking for profit. Elliot wave pattern is just a probability of the wave pattern.
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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.