Assuming the ABC move was complete, the next stage would be a probable scenario 1, whereby price would rush to break the top.
If the market was not ready for the upmove, then scenario 2 would be most likely as price will drop to take put the low price thus consolidate.
We shall wait for a sideways structure to confirm what direction price will take.
If the market was not ready for the upmove, then scenario 2 would be most likely as price will drop to take put the low price thus consolidate.
We shall wait for a sideways structure to confirm what direction price will take.