Without a new high, I see a potential ABCD pattern here.
Comment:
The red wave iii is not yet finished.
Waves 4 and 5 of iii will follow soon.
Then lower the wave iv and again rising the red v.
If the price stays below 1611, we might see prices below $ 1500.
Comment:
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Waves 4 and 5 of iii will follow soon.
Then lower the wave iv and again rising the red v.
If the price stays below 1611, we might see prices below $ 1500.