Experimental analysis with the intention to follow back later on as I am still learning

The pattern is a flat

The B wave is considered a very strong B wave since it touches the 1.618 of wave A, which tells me that wave C will never break the low of wave A.

The pattern in wave C looks to be a symmetrical with only an I wave left to complete.

After the completion of the symmetrical pattern, we should see a move faster than wave F.

The flat wave can be part of a larger pattern or can be the first leg of a complex correction with an X wave.
Technical IndicatorsTrend AnalysisWave Analysis

免責聲明