Overview: on the update of Jan. 3rd, I concluded that wave (II) is playing out as a flat.
Update: this idea was almost perfect, where the only difference with the actual price action was the fact that wave b of (II) also turned into a flat correction. For now, I have 3977.78 or 3989.71 as the potential peak for wave (II).
Update: this idea was almost perfect, where the only difference with the actual price action was the fact that wave b of (II) also turned into a flat correction. For now, I have 3977.78 or 3989.71 as the potential peak for wave (II).
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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.