At the moment there can be both, namely, that the correction has already ended and thus the wave 4 was established or only the red A was corrected.
In any case, by the end of December, I'll keep an eye on the closing price on these three levels: $ 1552, $ 1531 and $ 1479.
Break and Close on a daily basis whether above or below, shows us the way.
If the September high is not outbid, then November and December could be bearish, otherwise the opposite with the first TP @ 1586.44
For lower prices EMA 55 (daily) should be left down.
In any case, by the end of December, I'll keep an eye on the closing price on these three levels: $ 1552, $ 1531 and $ 1479.
Break and Close on a daily basis whether above or below, shows us the way.
If the September high is not outbid, then November and December could be bearish, otherwise the opposite with the first TP @ 1586.44
For lower prices EMA 55 (daily) should be left down.
Comment:
Chart Sep 21
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Eventually Nov. high short ---- @ b
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