is correcting back from last downward wave; it has already reached the 0.786 lvl
, from where closed the first abc
wave, and already formed the b wave too, touching the 0.23. I think this correction will extend long-term to 1.618 fibo extension, going fractally touching 0.618 of the bigger downward wave.
weekly confirm and Rsi
monthly divergence too, enjoy ;)