RIVN NEOWAVE ANALYSIS (DAILY)
Experimental analysis with the intention to follow back later on as I am still learning
I thought I'd share this as it seems interesting, given its low probability.
The lines represent a projected path and do not represent time
The pattern forms a neutral triangle.
Wave C is the largest, potentially 138% to 161.8% of wave A.
In this scenario, wave C concludes at 138%, provided my calculations are correct.
Any movement above wave C would invalidate this pattern.
I anticipate a significant sell-off to begin shortly for this to be accurate.
Let's see how this goes
I thought I'd share this as it seems interesting, given its low probability.
The lines represent a projected path and do not represent time
The pattern forms a neutral triangle.
Wave C is the largest, potentially 138% to 161.8% of wave A.
In this scenario, wave C concludes at 138%, provided my calculations are correct.
Any movement above wave C would invalidate this pattern.
I anticipate a significant sell-off to begin shortly for this to be accurate.
Let's see how this goes
Nota
It appears that the rally has concluded and wave C has come to an end.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.