THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI
1W CHART
ABC correction from June 1995 low. We are at the C leg of a FLAT. This flat can either be a RUNNING or EXPANDING flat. Cyan shaded area is the target for running and red shaded area is the target for expanding flat.
1D CHART
C leg of ABC. C leg is a leading diagonal (12345) which is a 5-3-5-3-5.
I suppose we are at 5th leg of this diagonal, this leg is a motive wave with 5 sub-waves.