Assuming price found resistance at the top labelled Minor wave 5, we can assume that the current unfolding pattern is a correction pattern.
With Wave A have unfolded as a motive wave then the whole correction can be assumed to be a zig zag correction pattern.
If so then we can expect a 5 wave move of wave C.
A Happy trading to you all.
God Bless You.
With Wave A have unfolded as a motive wave then the whole correction can be assumed to be a zig zag correction pattern.
If so then we can expect a 5 wave move of wave C.
A Happy trading to you all.
God Bless You.