Beware of the 5th Wave Down

81
TOTAL
Beware of the 5th wave down…

Back in August 2024 the final 5th wave down was a signal that the correction was over. We found support at the 0:1.618 reverse fib retracement.

TOTAL appears to be demonstrating the same cause building event for another 5th wave down since we topped at 3.73T in December.

If this is the case, we may be looking for support at the 0:1.618 reverse fib retracement plotted at the green rectangle.

Trade with caution and good luck!

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.