Whoever has some knowledge in Elliott Wave theory knows that waves 3 are the monsters that need to be caught. You can even see the circled iii size comparing to other two waves. Having said that and knowing that Elliott wave is a fractal thing... we could be potentially watching an opportunity of a life time
Wave 3 in Elliott Wave Theory is typically the strongest and longest wave in an impulsive structure. It represents a period of rapid price movement fueled by strong market sentiment and momentum. This wave often exhibits high volume and breaks key resistance levels, making it a favorite among traders. It cannot be the shortest of waves 1, 3, and 5, and is usually accompanied by widespread participation in the market.
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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.