Steel Dynamics - Interesting Structure

163
The move since April 2025 is viewed as the fifth sub-wave within a larger third wave.
The third wave has a complex structure and may initially appear to violate Elliott Wave rules, but this is not the case.

At the moment, the larger fourth wave is expected to start forming.
A correction of the fifth sub-wave is expected, moving toward the price level from which it started.

Key targets:
  • 154
  • 144
  • 134
  • 120


---
Please subscribe and leave a comment!
You’ll get new information faster than anyone else.
---

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.