Alikze »» FET | Wave 3 or C bullish scenario

In the daily and weekly time, after an upward cycle in the supply area, a complex mixed correction has been corrected to the 0.38 Fibo range of the previous wave, after which it faced demand.
🔰In the lower time, it went through a full cycle up to the green box area, which again grew up to the current area after a correction.
🔰If this wave is extended and breaks the resistance zone, it can continue to climb to the next zone, but if it encounters supply in the current zone, a correction cycle can be carried out to the previous major ceiling zone and then the continuation of the upward cycle. to do in the form of a large wave 3.
If the behavior and structure of the post changes, it will be updated.
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Comment:

According to the movement path, after not stabilizing the upper range, it faced selling pressure and so far it has experienced more than 58% correction, which is approaching the range of the green support box and the bottom of the long-term ascending channel. If requested, in the area of ​​the floor of the channel and the green box, this modification can be a pullback to the broken ceiling.
If the behavior and structure of the post changes, it will be updated.