WULF – In alignment with my bearish alternative scenario on the weekly timeframe (published earlier this week), Minor degree wave C has reached its anticipated expansion target at 5.55, potentially marking the completion of wave C within the corrective wave (B) structure.Following the mid-July high and the conclusion of the countertrend rally in Intermediate wave (B),
WULF appears to have begun forming a Leading Diagonal downward.A further decline of approximately 10% is expected to complete the structure of this diagonal—reinforcing the bearish case for the medium term.
WULF 
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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.