Russell 2000 - one more drop to complete the correction?

11 апр.

Looking for the double zig zag correction to complete (Y) leg in the blue zone. Will be looking for five waves to the downside for the target.

Updated the wave count from my previous chart below...
https://www.tradingview.com/chart/US2000/oLpdpUg2-Russell-2000-time-to-Buy-pullbacks/

This drop from the 25th November 2024 to the expected target zone would be more or less similar to the Covid drop in terms of percentage.

11 апр.

Сделка активна

11 апр.

Заметка

11 апр.

Сделка закрыта: достигнута стоп-лосс цена

due to extreme volatility and choppy price action my tight protective stop loss was triggered with a small profit.
best not to hold trade over the weekend during these uncertain times.