5-3-5- Wave B = 50% of wave A

-MFI= 91.45
-Bear flag

As a result: Wave B = 50% of wave A

(Zigzag:
Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A
Wave C = 61.8%, 100%, or 123.6% of wave A)

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in many cases, MFI works better than RSI for short-term trading

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In finance, the greater fool theory suggests that :
one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit.

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Trade chiuso: obiettivo raggiunto: