Have we finished Wave 2?
most TAs agree that we finished Wave 1 at $9150.
That means that we either finished wave 2 at $8450, and we are on a wave 3; or it means we are still on a wave 2.
I have charted believing that wave 2 ended at $8450.
But... if we haven't ended wave 2, that means that wave A ended at $8450, we just finished wave B, and wave C will end around $8300 or possibly lower.
I just confirmed there are 5 waves down to from $9150 down to $8450, so it's a possibility that we are still on wave 2. How to confirm? If the price retraces below $8450, then we are for sure still on wave 2, because if we're on subwave 2 of wave 3, then subwave 2 cannot retrace below the start of subwave 1, which started at $8450.
That means that we either finished wave 2 at $8450, and we are on a wave 3; or it means we are still on a wave 2.
I have charted believing that wave 2 ended at $8450.
But... if we haven't ended wave 2, that means that wave A ended at $8450, we just finished wave B, and wave C will end around $8300 or possibly lower.
I just confirmed there are 5 waves down to from $9150 down to $8450, so it's a possibility that we are still on wave 2. How to confirm? If the price retraces below $8450, then we are for sure still on wave 2, because if we're on subwave 2 of wave 3, then subwave 2 cannot retrace below the start of subwave 1, which started at $8450.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.