so one of the possibilities is that is making expanded flat which during the NFP may bring it down to 0.618fib.
other possibility is if this proceed going up it must brake another wave as A down to complete a running flat before going up.
and the third possibility which i dont think it will happen is on 4H time frame this is D wave from diagonal and might drop way below 1.13.
on the chart is what i this is most likely to happen!
other possibility is if this proceed going up it must brake another wave as A down to complete a running flat before going up.
and the third possibility which i dont think it will happen is on 4H time frame this is D wave from diagonal and might drop way below 1.13.
on the chart is what i this is most likely to happen!
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