Bear div on 5h subwave, some correction was immenent. Completing ABC correction is next before wave 3 up will smash the log downtrend.
Although fundamentals and sentiment seem te get better by the hour. So maybe we will smash through log downtrend before completing a small correction.
In case of correction we might see 0,786 or 1 extension for the correction to the box. Which is almost the same range as 0,5-0,382 correction for the whole move up.
Although fundamentals and sentiment seem te get better by the hour. So maybe we will smash through log downtrend before completing a small correction.
In case of correction we might see 0,786 or 1 extension for the correction to the box. Which is almost the same range as 0,5-0,382 correction for the whole move up.