It seems that this pair is going through a flat correction
. In flat corrections
, we have a 3-3-5 structure in which the B wave usually retrace at least about 90% of A wave and often goes beyond the starting point of A wave.
If these bullish
and Deep Crab
work out, I will expect a massive bullish
run for the dreadful C wave which should be in clear 5 waves.
Sharif Azadeh, CFTe