DIS reversal

DIS wave analysis



Starting 8th of March 2021 we have a big impulse wave down (1to 5) finished or almost finished.

The interesting part is that Wave 5 has taken the shape of an ending diagonal.

An ending diagonal in the words of R.N Elliott is singling "The price has come too far. Expect dramatic reversal ahead."

So we need confirmation that the price breaks the minutes 2-4 trendline and the bigger impulse wave is done and dusted.



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Disclaimer: This is my analysis and does not constitute financial advice!