Revised wave expected wave ➃ has ended at 41% with wave ➂ having completed its subwave within 5 waves at 176%. US30 is currently declining on wave ➄ of c of (IV), which is expected to finish at 38%-50% retracing which corresponds to 67%-85% wave ➄ projection.
Note
Note
Re-adjust the wave position as shown in the figure, expecting that the US30 is bouncing around the tip of wave (B) and when it hits the yellow resistance trend line, it will reverse to the downtrend.
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.