I'm gonna keep this short,
1. Extended wave 3 at 262% fib ex, @ $267
2. Shallow wave 4 retracement due to the extended wave 3 @ $284.16
3. Wave 5 is the same length of wave 1. @$261
4. Forming a descending wedge, waiting on a break out confirmation
5. Looking for WAVE A RETRACMENT BACK TO THE 50% FIB LEVEL @ $300
Extreme volatility in the AM
1. Extended wave 3 at 262% fib ex, @ $267
2. Shallow wave 4 retracement due to the extended wave 3 @ $284.16
3. Wave 5 is the same length of wave 1. @$261
4. Forming a descending wedge, waiting on a break out confirmation
5. Looking for WAVE A RETRACMENT BACK TO THE 50% FIB LEVEL @ $300
Extreme volatility in the AM
Note
* 5. Looking for WAVE 5 RETRACEMENT BACK TO 50% FIB LEVEL $299
Note
looks ugly..Note
eh..kinda closeTrade closed: target reached
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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.