Long
WPR idea if 1st EW Motive Wave is confirmed. Prepare for bulls

WPR is becoming more and more publicly acknowledged.
I think it might be ready to show us what its got.
But first... It might correct a bit more.
Purple count might also be viable, but I believe it to be a bit unlikely.
If PURPLEcount is proven correct, then the bull run is ready to start.
If YELLOW line is proven right, then the 3rd motive way is delayed a bit.
Of course, we might also have sideways movement for a while longer before it's ready to jump.
See WHITE drawing.
We are still getting data on WPR, so there is little to work on.
Watch those fib levels in case of a breakout.
There we will hit resistance if we go up.
I think it might be ready to show us what its got.
But first... It might correct a bit more.
Purple count might also be viable, but I believe it to be a bit unlikely.
If PURPLEcount is proven correct, then the bull run is ready to start.
If YELLOW line is proven right, then the 3rd motive way is delayed a bit.
Of course, we might also have sideways movement for a while longer before it's ready to jump.
See WHITE drawing.
We are still getting data on WPR, so there is little to work on.
Watch those fib levels in case of a breakout.
There we will hit resistance if we go up.
Nota
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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.