📌This is a 4 Hour timeframe chart
📌Based on Elliott Wave Theory:
👉 Wave 3 is already completed ✅
👉 Price is now pulling back to form Wave 4 🔽
📌Important area to watch 👀
✔️ Price must hold the green support zone
✔️ This zone is key for continuation
📌If support holds:
👉 Wave 5 move can start 🚀
👉 Price can move towards higher resistance levels
📌If support fails:
👉 Structure will weaken
👉 Patience is required
📌Final view:
Pullback is normal after a strong Wave 3
Wait for support confirmation before expecting Wave 5 🔥
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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.
Join My Free Signal Channel ➡ t.me/Leo524
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.