Long
NBG possible start of wave iii
In my larger NBG count, we are in a wave 3 of C
Here I have zoomed into that wave 3, where it looks like we are near completion of wave ii of 3. Im explicating a strong sudden move to the upside here, similar to the impulsive waves 1 and i. We are EXACTLY at the 61% retrace of wave i, and if we follow EWT guidelines, I expect our wave iii move up to around the 4.40 zone (161% of wave i)
Here I have zoomed into that wave 3, where it looks like we are near completion of wave ii of 3. Im explicating a strong sudden move to the upside here, similar to the impulsive waves 1 and i. We are EXACTLY at the 61% retrace of wave i, and if we follow EWT guidelines, I expect our wave iii move up to around the 4.40 zone (161% of wave i)
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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.