H1 frame: a WXY (double zigzag is in the process). Target - the zone between fibo extensions 1 and 1,27 for the wave Y (based on the length of the wave W)
Daily frame: a larger impulse followed by a flat pattern (marked also with a regression channel). Price may have formed a first impulse up in the direction of the prevailing trend, that is now being corrected.
Good luck!
Daily frame: a larger impulse followed by a flat pattern (marked also with a regression channel). Price may have formed a first impulse up in the direction of the prevailing trend, that is now being corrected.
Good luck!