$DAL
Added 2024-05-31 16:33:56 +0000 UTCSo far the 50 Day MA has done its job here and has held and the price action has bounced off this level now, holding above an important support level too.
No changes to the chart and I still believe that Wave 3 is not complete yet.
The price action has shown that the 50 Day MA is a support level now too, so we can use this as a gauge approaching the Wave 3 limit, if the price touches here at the 1.618 Fib and rejects, then loses the 50 Day MA, then we can assume that Wave 4 is next to complete.
Comments
No not complete for me
Gareth Neary
2024-05-31 17:45:31 +0000 UTCThank you. For my understanding, does this mean wave 3 is complete?
Thane
2024-05-31 17:42:53 +0000 UTC
