now in the chart iv showed the similarity of the corrections in the subwave and in main wave. the structure of the pattern is the same, so what is to be expected...
very likely to be a running flat which means it should descend now in last wave and by going towards lower parallel it will shown divergence on oscillating indicators. by that red line will find a support and followed in smaller time frame it should give us a whole structure pattern.
otherwise, by jumping this high beyond 5th it indicates it also might drop further down as expanded flat up to .786 - .886 fib. to form cypher pattern with very small risk to reward.
but i dont see it that way! im seeing that as running flat.
very likely to be a running flat which means it should descend now in last wave and by going towards lower parallel it will shown divergence on oscillating indicators. by that red line will find a support and followed in smaller time frame it should give us a whole structure pattern.
otherwise, by jumping this high beyond 5th it indicates it also might drop further down as expanded flat up to .786 - .886 fib. to form cypher pattern with very small risk to reward.
but i dont see it that way! im seeing that as running flat.
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