rko1983

End of correction and all the way up again?

Long
XETR:TMV   TEAMVIEWER SE
Based on my Elliot Wave count is see the end of the daily ABC correction. We have Divergence on the daily, 4h and 1h. All FIB levels from WAVE C look great.

With this in mind we already startet the 1h time frame wave 1 up which we also see by the trendline break. I want to wait for the re test (WAVE 2) and look for buy setups around 0.618 and 0.786 Fib.

If we go under 29 EUR of course the count is invalid.

What are your thoughts?

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