The move since April 2025 is viewed as the fifth sub-wave within a larger third wave.
The third wave has a complex structure and may initially appear to violate Elliott Wave rules, but this is not the case.
At the moment, the larger fourth wave is expected to start forming.
A correction of the fifth sub-wave is expected, moving toward the price level from which it started.
Key targets:
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The third wave has a complex structure and may initially appear to violate Elliott Wave rules, but this is not the case.
At the moment, the larger fourth wave is expected to start forming.
A correction of the fifth sub-wave is expected, moving toward the price level from which it started.
Key targets:
- 154
- 144
- 134
- 120
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Please subscribe and leave a comment!
You’ll get new information faster than anyone else.
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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.