RIVN NEOWAVE ANALYSIS (DAILY)

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Experimental analysis with the intention to follow back later on as I am still learning

I thought I'd share this as it seems interesting, given its low probability.

The lines represent a projected path and do not represent time

The pattern forms a neutral triangle.

Wave C is the largest, potentially 138% to 161.8% of wave A.

In this scenario, wave C concludes at 138%, provided my calculations are correct.

Any movement above wave C would invalidate this pattern.

I anticipate a significant sell-off to begin shortly for this to be accurate.

Let's see how this goes
Catatan
It appears that the rally has concluded and wave C has come to an end.

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