Volume was shrinking when the rectangle pattern made a break out. This means there is lack of buyers. After breakout it retraced 100% of breakout. Now we can see a flat correction pattern with strong B- wave. Wave-B is between 101 to 123 % of wave –A. Probability: There is a chance wave-C will completely retrace wave-B Method of Confirmation: • Volume spike • Price action
*Please confirm before taking a trade or investment .This is not a recommendation to Buy or sell.