Current structure indicates we might have a deeper correction in play and type of expandig flat ABC in development.I expect wace C will drop to about 2200 level which is 61.8 fib. retracement and
than we should have begining of new impulse. This will be similar correction to the one we have had some time ago.
than we should have begining of new impulse. This will be similar correction to the one we have had some time ago.
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Possible scenario after simple flat correction and confirmed breakout from smal flag.
Rally must continue.
Rally must continue.
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i expect one more down before next rally.
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Bigger picture.
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Be aware it can still fall.
