There is not much to say here, there is a clear irregular ABC correction and the beginning of wave 5 of the parent degree.
Because the ABC correction is a running flat, Wave C should have ended before wave A, it pushed the line further and returned, this is a very strong sign that wave 5 of the parent degree really started.
There is a very little chance that wave C continues to 61% or 50%, but chance is very small.
Let me know if you have a question.
Good Trading!
Because the ABC correction is a running flat, Wave C should have ended before wave A, it pushed the line further and returned, this is a very strong sign that wave 5 of the parent degree really started.
There is a very little chance that wave C continues to 61% or 50%, but chance is very small.
Let me know if you have a question.
Good Trading!
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