VELESTO has completed wave (II) or wave B.
It currently appears to be forming wave 1 of wave (III) or wave C.
For VELESTO to retrace to wave 2 of the wave (III) uptrend, wave 1 must first be completed, which is currently in progress.
Wave 2 may retrace to the Fibonacci level of wave 2, potentially falling below 50% of wave 1, and may conclude with a zigzag pattern.
Wave (III) or wave C may complete with five minor waves or, alternatively, wave C may conclude with an ending diagonal pattern.
This analysis is provided solely for Elliott Wave learning purposes and does not constitute a recommendation to buy or sell. Please perform your own technical analysis.
It currently appears to be forming wave 1 of wave (III) or wave C.
For VELESTO to retrace to wave 2 of the wave (III) uptrend, wave 1 must first be completed, which is currently in progress.
Wave 2 may retrace to the Fibonacci level of wave 2, potentially falling below 50% of wave 1, and may conclude with a zigzag pattern.
Wave (III) or wave C may complete with five minor waves or, alternatively, wave C may conclude with an ending diagonal pattern.
This analysis is provided solely for Elliott Wave learning purposes and does not constitute a recommendation to buy or sell. Please perform your own technical analysis.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.