A zoomed in view of what I believe to be wave 2 correction as per this chart >
Please read the notes here as I couldn't post a 5 minute chart on Trading View so I put notes on my chart from Investing.com > invst.ly/6w2vo
Based on internal waves 6230 area could be the completion of C wave.
Friday was undoubtedly bullish but in my opinion it could be a rapid wave 2 correction before the next leg down; invalidation point is 6327 (wave 2 crossing wave 1)
Please read the notes here as I couldn't post a 5 minute chart on Trading View so I put notes on my chart from Investing.com > invst.ly/6w2vo
Based on internal waves 6230 area could be the completion of C wave.
Friday was undoubtedly bullish but in my opinion it could be a rapid wave 2 correction before the next leg down; invalidation point is 6327 (wave 2 crossing wave 1)
Commentaire:
Didn't trade this but target hit. See how it reacts from here.