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Final impulse wave

205
correction has just completed around the 38.2% level- which is common for 4th waves, even more so when the 2nd wave corrects to the 61.8% level.

MACD is showing the same divergance now as it did in the 1st wave.

I hope this helps :)

Not
Looking at the 4H, we may see retest of the high before the break down or a rejection from the .618,either way id wait for the break and a flag to confirm the structure.

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Not
The trend line was broken, now we looking at entering on a flag which will be the 2nd wave of the first wave.

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helpful comments are always appreciated.
Not
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.