There are numerous wave counts for the recent correction. Many traders are all viewing it with different perspective and counts. One of the count that I think is quite possible, is the expanded flat where corrective wave B positions higher than the wave 5. Usually for this type of correction, the waves tend to form 3-3-5 instead of 5-3-5 zigzag structure. The structure can be considered as extended correction as long as wave B is less than 1.382 of wave A. If we get extended sub-wave 5, we are most likely to reach $8,200~$8,300.
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제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.